Premier African Minerals (LON:PREM) has been reiterated to Corporate in a report by Northland Capital today.
- Updated: October 19, 2016
Just yesterday Premier African Minerals (LON:PREM) traded -6.25% lower at 0.40GBX. Premier African Minerals’s 50-day moving average is 0.41GBX and its 200-day moving average is 0.63GBX. The last stock price is down -40.73% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 51,707,996 shares of PREM traded hands, up from an average trading volume of 31,339,500
Northland Capital has reiterated Premier African Minerals (LON:PREM) to Corporate in a report released on Wednesday October 19, 2016.
Recent Performance Chart
Premier African Minerals has 52 week low of 0.28GBX and a 52 week high of 1.18GBX and has a market capitalization of 0 GBX.
Also covering Premier African Minerals's price target, a total of 1 analyst has reported on the stock. The consensus target price 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 brokerages rating the company a underperform, and lastly zero brokerages rating the company a sell.
General Company Details For 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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