Premier African Minerals (LON:PREM) Stock Price Down 12.9% – Time to Sell?

Shares of Premier African Minerals Limited (LON:PREMGet Free Report) traded down 12.9% during mid-day trading on Thursday . The stock traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00). 639,034,313 shares changed hands during mid-day trading, an increase of 165% from the average session volume of 240,906,406 shares. The stock had previously closed at GBX 0.03 ($0.00).

Premier African Minerals Stock Performance

The firm has a market cap of £12.88 million, a P/E ratio of -0.40 and a beta of 0.99. The company has a debt-to-equity ratio of 0.56, a quick ratio of 2.54 and a current ratio of 0.13. The stock’s 50-day moving average is GBX 0.02 and its 200 day moving average is GBX 0.03.

Premier African Minerals Company Profile

(Get Free Report)

Premier African Minerals Limited, together with its subsidiaries, engages in the mining, exploration, evaluation, development, and investment of natural resource properties on the African continent. It explores for tungsten, lithium, tantalum, fluorspar, potash, and gold deposits. The company holds interests in RHA Tungsten mine, Katete REE project, zulu project, and Tinde projects in Zimbabwe, as well as properties in Mozambique.

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