Shares of Premier African Minerals Ltd (LON:PREM) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 0.03 ($0.00) and last traded at GBX 0.03 ($0.00), with a volume of 20467472 shares traded. The stock had previously closed at GBX 0.03 ($0.00).
Separately, Shore Capital reissued a “house stock” rating on shares of Premier African Minerals in a research report on Friday, August 30th.
The company’s 50-day moving average price is GBX 0.03 and its 200-day moving average price is GBX 0.07. The company has a debt-to-equity ratio of 32.64, a current ratio of 0.03 and a quick ratio of 0.01. The company has a market cap of $2.48 million and a P/E ratio of -0.28.
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. The company explores for tungsten, lithium, tantalum, fluorspar, phosphate, nickel, specialty minerals, lime stone, and rare earth metals.
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