Premier African Minerals Limited (LON:PREM – Get Rating) stock price fell below its 200-day moving average during Friday’s session. The stock has a 200-day moving average of GBX 0.31 ($0.00) and is trading as low as GBX 0.28 ($0.00). Shares of Premier African Minerals last traded at GBX 0.29 ($0.00), with a volume of 184,471,877 shares.
Analyst upgrades and downgrades
Separately, Shore Capital rephrased a “house stock” rating on Premier African Minerals shares in a Friday, June 24 research report.
Africa’s top minerals trade up 5.6%
The company has a fifty-day simple moving average of GBX 0.33 and a two-hundred-day simple moving average of GBX 0.31. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt ratio of 1.26. The stock has a market capitalization of £63.89 million and a P/E ratio of 2.25.
Premier African Minerals Company Profile
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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 deposits of tungsten, lithium, tantalum, fluorspar, potash and gold. It holds interests in various properties located in Zimbabwe and Mozambique.
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