Technical Analysis for PREM - Premier African Minerals

Grade Last Price % Change Price Change
F 0.27 -6.90% -0.02
PREM closed down 6.9 percent on Friday, December 8, 2023, on 1.65 times normal volume.
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Up

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Crossed Above 20 DMA Bullish -6.90%
Pocket Pivot Bullish Swing Setup -6.90%
Volume Surge Other -6.90%
Wide Bands Range Expansion -6.90%
NR7 Range Contraction 11.57%
Narrow Range Bar Range Contraction 11.57%
Wide Bands Range Expansion 11.57%
Wide Bands Range Expansion 12.50%
NR7 Range Contraction 3.85%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Premier African Minerals Description

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.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Chemistry Physical Sciences Mineral Chemical Elements Minerals Valuation Carbon Economic Geology Evaluation Law Earth Lithium Drill Mineral Properties Drilling Graphite Tungsten Rare Earth Element Tantalum Zimbabwe Zulu Pegmatite

Is PREM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 1.032
52 Week Low 0.212
Average Volume 152,403,010
200-Day Moving Average 0.59
50-Day Moving Average 0.38
20-Day Moving Average 0.28
10-Day Moving Average 0.27
Average True Range 0.04
RSI (14) 41.86
ADX 30.91
+DI 16.92
-DI 19.85
Chandelier Exit (Long, 3 ATRs) 0.28
Chandelier Exit (Short, 3 ATRs) 0.34
Upper Bollinger Bands 0.32
Lower Bollinger Band 0.23
Percent B (%b) 0.41
BandWidth 33.18
MACD Line -0.03
MACD Signal Line -0.04
MACD Histogram 0.0045
Fundamentals Value
Market Cap 48.04 Million
Num Shares 17.8 Billion
EPS 0.10
Price-to-Earnings (P/E) Ratio 2.70
Price-to-Sales 2.55
Price-to-Book 0.57
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.35
Resistance 3 (R3) 0.35 0.33 0.33
Resistance 2 (R2) 0.33 0.31 0.33 0.33
Resistance 1 (R1) 0.30 0.30 0.29 0.30 0.32
Pivot Point 0.28 0.28 0.28 0.28 0.28
Support 1 (S1) 0.25 0.26 0.24 0.25 0.22
Support 2 (S2) 0.23 0.25 0.23 0.21
Support 3 (S3) 0.20 0.23 0.21
Support 4 (S4) 0.20