Premier African Minerals (LON:PREM) Shares Up 7.7% – Still a Buy?

Premier African Minerals Limited (LON:PREMGet Free Report) traded up 7.7% during mid-day trading on Tuesday . The stock traded as high as GBX 0.02 ($0.00) and last traded at GBX 0.01 ($0.00). 495,254,406 shares traded hands during trading, an increase of 101% from the average session volume of 245,906,188 shares. The stock had previously closed at GBX 0.01 ($0.00).

Premier African Minerals Trading Up 15.4 %

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 company has a market capitalization of £7.73 million, a price-to-earnings ratio of -0.24 and a beta of 0.99. The company has a 50-day moving average price of GBX 0.02 and a 200-day moving average price of 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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