Premier African Minerals (LON:PREM) Sets New 12-Month Low – Here’s What Happened

Premier African Minerals Limited (LON:PREM – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 0.10 and last traded at GBX 0.11, with a volume of 32311107 shares. The stock had previously closed at GBX 0.11.

Premier African Minerals Price Performance

The stock has a fifty day moving average of GBX 0.06 and a 200-day moving average of GBX 0.04. The company has a quick ratio of 2.54, a current ratio of 0.13 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of £8.23 million, a price-to-earnings ratio of -0.23 and a beta of 0.99.

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.

Further Reading

• Five stocks we like better than Premier African Minerals
• Best Stocks Under $10.00
• CAVA Stock Looking for Direction After Earnings Miss
• Stock Sentiment Analysis: How it Works
• 3 Small AI Stocks Ready to Explode (All Under $20)
• High Dividend REITs: Are They an Ideal Way to Diversify?
• After 16% Fall, Analysts Eye a Big Recovery in Meta Platforms