Premier African Minerals Ltd - Zimbabwe-focused tungsten producer - Turns to annual pretax loss of $5.8 million in 2022, from a profit of $2.3 million a year prior. Posts no revenue in either year as the company is in a pre-revenue stage. Looking ahead, Acting Chair & Chief Executive Officer George Roach says: ‘I expect that Premier other projects will start see receiving serious attention in the coming year with a view to realising a return that is closer to our original investments than the value we now have elected to include these in our accounts.’

Current stock price: 0.41 pence, up 15% on Friday

12-month change: up 29%

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