Premier African Minerals (LON:PREM) Stock Price Passes Below Two Hundred Day Moving Average of $0.27

Premier African Minerals Limited (LON:PREM) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 0.27 ($0.00) and traded as low as GBX 0.18 ($0.00). Premier African Minerals shares last traded at GBX 0.19 ($0.00), with a volume of 117,060,232 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “house stock” rating on shares of Premier African Minerals in a research note on Wednesday, January 24th.

Premier African Minerals Stock Down 2.1 %

The company has a current ratio of 0.05, a quick ratio of 2.54 and a debt-to-equity ratio of 1.57. The stock has a market capitalization of £51.19 million, a P/E ratio of 2.25 and a beta of 1.17. The stock’s 50 day simple moving average is GBX 0.25 and its 200 day simple moving average is GBX 0.27.

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.