Premier African Minerals (LON:PREM) Reaches New 1-Year Low at $0.15

Premier African Minerals Limited (LON:PREM)’s share price hit a new 52-week low on Thursday . The stock traded as low as GBX 0.15 ($0.00) and last traded at GBX 0.16 ($0.00), with a volume of 377266765 shares traded. The stock had previously closed at GBX 0.16 ($0.00).

Wall Street Analysts Forecast Growth

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

Premier African Minerals Stock Performance

The business’s fifty day moving average price is GBX 0.20 and its two-hundred day moving average price is GBX 0.24. The company has a debt-to-equity ratio of 1.57, a quick ratio of 2.54 and a current ratio of 0.05. The stock has a market capitalization of £45.17 million, a P/E ratio of 2.25 and a beta of 1.22.

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.