Premier African Minerals (LON:PREM) Reaches New 52-Week Low at $0.10

Premier African Minerals Limited (LON:PREM)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 0.10 ($0.00) and last traded at GBX 0.10 ($0.00), with a volume of 171332078 shares traded. The stock had previously closed at GBX 0.10 ($0.00).

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Premier African Minerals in a research note on Wednesday, May 8th.

Premier African Minerals Price Performance

The stock has a 50 day moving average price of GBX 0.14 and a 200-day moving average price of GBX 0.21. The stock has a market capitalization of £30.75 million, a price-to-earnings ratio of 2.25 and a beta of 1.22. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.05 and a quick ratio of 2.54.

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.