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Upbeat broker recommendations for Premier African Minerals

Ben Hobson

The Premier African Minerals (LON:PREM) share price has risen by 37.1% over the past month and it’s currently trading at 0.1. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.

According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Premier African Minerals currently has:

  • 1 Buy recommendations
  • 0 Hold recommendations
  • 0 Sell recommendations

This suggests that analysts are generally positive about the outlook.

GET MORE DATA-DRIVEN INSIGHTS INTO LON:PREM »

Looking behind the broker forecasts

At its current price of 0.1, shares in Premier African Minerals are trading at a discount of -49.5% to its 52 week high price. The 1-year performance of the shares has been 32.5%.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Premier African Minerals it's worth doing some investigation yourself.

There are all sorts of factors that could affect Premier African Minerals's share price this year – we simplify them into easy to understand scores with our Stockopedia StockReport. Click here to take a look at the StockReport for Premier African Minerals – you might discover some surprising things you didn’t know.