Premier African Minerals (LON:PREM) Receives “House Stock” Rating from Shore Capital

Shore Capital restated their house stock rating on shares of Premier African Minerals (LON:PREM) in a research note published on Wednesday, MarketBeat Ratings reports.

Premier African Minerals Price Performance

Shares of LON PREM opened at GBX 0.05 ($0.00) on Wednesday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.54 and a current ratio of 0.13. The company has a 50 day simple moving average of GBX 0.05 and a two-hundred day simple moving average of GBX 0.11. Premier African Minerals has a fifty-two week low of GBX 0.02 ($0.00) and a fifty-two week high of GBX 0.49 ($0.01). The company has a market capitalization of £17.14 million, a price-to-earnings ratio of 2.25 and a beta of 0.99.

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.