Premier African Minerals (LON:PREM) Trading 20% Higher – Still a Buy?

Premier African Minerals Limited (LON:PREMGet Free Report)’s share price traded up 20% on Friday . The stock traded as high as GBX 0.01 ($0.00) and last traded at GBX 0.01 ($0.00). 1,362,280,250 shares changed hands during trading, an increase of 432% from the average session volume of 256,146,891 shares. The stock had previously closed at GBX 0.01 ($0.00).

Premier African Minerals Stock Up 20.0 %

The company has a current ratio of 0.13, a quick ratio of 2.54 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of £6.18 million, a P/E ratio of -0.19 and a beta of 0.99. The stock’s 50-day simple moving average is GBX 0.02 and its 200-day simple moving average is GBX 0.04.

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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