Premier African Minerals (LON:PREM) Shares Down 5.3% – Time to Sell?

Premier African Minerals Limited (LON:PREMGet Free Report) was down 5.3% during mid-day trading on Tuesday . The company traded as low as GBX 0.02 ($0.00) and last traded at GBX 0.02 ($0.00). Approximately 142,830,719 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 211,081,109 shares. The stock had previously closed at GBX 0.02 ($0.00).

Premier African Minerals Stock Performance

The firm’s fifty day moving average is GBX 0.03 and its 200 day moving average is GBX 0.04. The firm has a market capitalization of £8.76 million, a price-to-earnings ratio of -0.27 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.

About Premier African Minerals

(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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