Premier African Minerals (LON:PREM) has been reiterated to Corporate in a statement by Northland Capital earlier today.
- Updated: October 9, 2016
Having a price of 0.40GBX, Premier African Minerals (LON:PREM) traded 0.00% even on the day. With the last stock price down -43.48% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Premier African Minerals has recorded a 50-day average of 0.43GBX and a two hundred day average of 0.64GBX. 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 statement released on 10/05/2016.
With a total market value of 0 GBX, Premier African Minerals has with a 52 week low of 0.28GBX and a 52 week high of 1.18GBX .
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.
Brief Synopsis On 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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