Premier African Minerals’ (PREM) House Stock Rating Reaffirmed at Shore Capital

Premier African Minerals (LON:PREM)‘s stock had its “house stock” rating reaffirmed by equities researchers at Shore Capital in a report released on Wednesday, MarketBeat Ratings reports.

Premier African Minerals Trading Down 8.7 %

LON:PREM traded down GBX 0.02 ($0.00) during mid-day trading on Wednesday, hitting GBX 0.18 ($0.00). 338,388,866 shares of the stock traded hands, compared to its average volume of 245,733,938. The stock has a market capitalization of £52.72 million, a price-to-earnings ratio of 2.25 and a beta of 1.17. Premier African Minerals has a 52 week low of GBX 0.15 ($0.00) and a 52 week high of GBX 1.01 ($0.01). The firm’s 50 day moving average is GBX 0.24 and its two-hundred day moving average is GBX 0.26. The company has a quick ratio of 2.54, a current ratio of 0.05 and a debt-to-equity ratio of 1.57.

Premier African Minerals Company Profile

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.