Premier African Minerals (LON:PREM)’s share price hit a new 52-week low on Thursday . The stock traded as low as GBX 0.16 ($0.00) and last traded at GBX 0.16 ($0.00), with a volume of 36478166 shares. The stock had previously closed at GBX 0.16 ($0.00).

Several equities analysts have recently weighed in on PREM shares. Beaufort Securities reiterated a “speculative buy” rating on shares of Premier African Minerals in a research note on Friday, January 5th. Northland Securities reiterated a “speculative buy” rating on shares of Premier African Minerals in a research note on Friday, January 5th. Three analysts have rated the stock with a hold rating, The company has an average rating of “Hold” and a consensus target price of GBX 162 ($2.26).

About Premier African Minerals

Premier African Minerals Limited, together with its subsidiaries, engages in the mining, exploration, evaluation, development, and investment of natural resource properties on the African continent. The company explores for tungsten, lithium, tantalum, fluorspar, phosphate, nickel, limestone, specialty minerals, and rare earth metals.

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