Premier African Minerals (PREM) Sets New 52-Week Low at $0.17
Premier African Minerals Ltd (LON:PREM) hit a new 52-week low on Friday . The company traded as low as GBX 0.17 ($0.00) and last traded at GBX 0.19 ($0.00), with a volume of 195273045 shares trading hands. The stock had previously closed at GBX 0.20 ($0.00).
A number of brokerages have weighed in on PREM. Northland Securities restated a “corporate” rating on shares of Premier African Minerals in a research note on Tuesday, November 21st. Beaufort Securities restated a “speculative buy” rating on shares of Premier African Minerals in a research note on Thursday, December 14th. Three equities research analysts have rated the stock with a hold rating, The stock currently has an average rating of “Hold” and a consensus target price of GBX 162 ($2.24).
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Premier African Minerals Company Profile
Premier African Minerals Limited (Premier) and its subsidiary companies are engaged in the business of exploration, evaluation and development of mineral properties on the African continent. The Company’s flagship project, RHA Tungsten is located in Zimbabwe. Premier holds claims to several of other prospective projects in Zimbabwe, which include the Zulu Lithium and Tantalum pegmatites at Fort Rixon, Tinde Fluorspar, Globe multi-element and graphite, and Rare Earth Elements at Katete.
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