Premier African Minerals (LON:PREM) Shares Up 27.8% – Time to Buy?

Premier African Minerals Limited (LON:PREMGet Free Report) shares rose 27.8% during trading on Thursday . The stock traded as high as GBX 0.03 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 502,425,000 shares were traded during trading, an increase of 129% from the average daily volume of 219,004,313 shares. The stock had previously closed at GBX 0.02 ($0.00).

Premier African Minerals Stock Up 22.2 %

The company has a market capitalization of £11.33 million, a P/E ratio of -0.35 and a beta of 0.99. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.13 and a quick ratio of 2.54. The stock has a 50-day moving average price of GBX 0.03 and a 200-day moving average price of GBX 0.04.

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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