Northland Capital reiterated Premier African Minerals (LON:PREM) to Corporate in a statement released today.
- Updated: September 25, 2016
Northland Capital has reiterated Premier African Minerals (LON:PREM) to Corporate in a report released on 9/26/2016.
Just yesterday Premier African Minerals (LON:PREM) traded -2.38% lower at 0.43GBX. Premier African Minerals’s 50-day moving average is 0.50GBX and its 200-day moving average is 0.67GBX. The last stock price is down -38.21% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 4,302,861 shares of the stock traded hands, down from an average trading volume of 27,780,000
Recent Performance Chart
Premier African Minerals has 52 week low of 0.28GBX and a 52 week high of 1.34GBX and has a market capitalization of 0 GBX.
In addition to Northland Capital reporting its target price, a total of 1 broker has issued a research note on PREM. The one year target is 4.20GBX with 1 firm rating the company a strong buy, zero brokerages rating the stock a buy, zero analysts rating the company a hold, 0 brokers rating the company a underperform, and lastly zero firms rating the stock a sell.
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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