Premier African Minerals (LON:PREM) Stock Rating Reaffirmed by Shore Capital

Shore Capital restated their house stock rating on shares of Premier African Minerals (LON:PREM) in a research report sent to investors on Wednesday morning, Marketbeat.com reports.

Premier African Minerals Trading Up 4.2 %

LON:PREM opened at GBX 0.05 ($0.00) on Wednesday. The stock has a market cap of £17.14 million, a price-to-earnings ratio of 2.25 and a beta of 0.99. The company has a quick ratio of 2.54, a current ratio of 0.13 and a debt-to-equity ratio of 0.97. The company’s 50 day moving average price is GBX 0.05 and its 200-day moving average price is GBX 0.11. Premier African Minerals has a 52 week low of GBX 0.02 ($0.00) and a 52 week high of GBX 0.49 ($0.01).

About Premier African Minerals

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.