Premier African Minerals Ltd (PREM) Receives house stock Rating from Shore Capital
Premier African Minerals Ltd (LON:PREM)‘s stock had its “house stock” rating reissued by stock analysts at Shore Capital in a report issued on Wednesday.
PREM has been the topic of a number of other research reports. Northland Securities restated a “corporate” rating on shares of Premier African Minerals in a research note on Friday, September 15th. Northland Capital Partners restated a “corporate” rating on shares of Premier African Minerals in a research note on Friday, September 15th. Finally, Beaufort Securities restated a “speculative buy” rating on shares of Premier African Minerals in a research note on Friday, September 15th. Two investment analysts have rated the stock with a hold rating, Premier African Minerals presently has an average rating of “Hold” and an average price target of GBX 162 ($2.18).
Shares of Premier African Minerals (PREM) traded up 6.67% during midday trading on Wednesday, hitting GBX 0.40. The company’s stock had a trading volume of 132,488,457 shares. The firm has a 50-day moving average of GBX 0.46 and a 200 day moving average of GBX 0.51. Premier African Minerals has a 12-month low of GBX 0.20 and a 12-month high of GBX 0.99. The firm’s market cap is GBX 8.45 million.
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About Premier African Minerals
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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