Northland Capital reiterated Premier African Minerals (LON:PREM) to Corporate in a report released today.
- Updated: October 9, 2016
Yesterday Premier African Minerals (LON:PREM) traded 0.00% even at 0.38GBX. The company’s 50-day moving average is 0.43GBX and its 200-day moving average is 0.64GBX. The last closing price is down -43.48% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Volume of trade was down over the average, with 20,535,213 shares of PREM changing hands under the typical 31,358,800
Northland Capital has reiterated Premier African Minerals (LON:PREM) to Corporate in a report released on 10/10/2016.
With a total market value of 0 GBX, Premier African Minerals has with a one year low of 0.28GBX and a one year high of 1.18GBX .
A total of 1 equity analyst has released a ratings update on PREM. One equity analyst rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 4.20GBX.
Brief Synopsis 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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