Northland Capital reiterated Premier African Minerals (LON:PREM) to Corporate in a report released today.
- Updated: October 18, 2016
Northland Capital has reiterated Premier African Minerals (LON:PREM) to Corporate in a report released on 10/18/2016.
Yesterday Premier African Minerals (LON:PREM) traded -6.25% lower at 0.38GBX. The company’s 50-day moving average is 0.41GBX and its 200-day moving average is 0.63GBX. The last closing price is down -40.73% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 51,707,996 shares of the stock traded hands, up from an average trading volume of 31,339,500
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Premier African Minerals has a 52 week low of 0.28GBX and a 52 week high of 1.18GBX The company’s market cap is currently 0 GBX.
In addition to Northland Capital reporting its stock price target, a total of 1 broker has issued a research note on the company. The average stock price target is 4.20GBX with 1 broker rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Premier African Minerals (LON:PREM)
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. The RHA Project is located in an area of approximately 270 kilometers northwest of Bulawayo. The project consists of approximately 50 Mineral Claim Blocks, covering approximately 1,800 hectares, consisting of over 10 owned by Premier and approximately 40 which are under option. The deposit is approximately 800 meters in strike length and over 300 meters wide. Premier is developing a portfolio of exploration assets, ranging from grassroots to drilling and resource development.
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