Premium Nickel Resources Ltd. (CVE:PNRL – Get Free Report)’s share price rose 4.1% during mid-day trading on Friday . The stock traded as high as 0.77 and last traded at 0.76. Approximately 82,177 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 261,900 shares. The stock had previously closed at 0.73.
Premium Nickel Resources Price Performance
The company has a fifty day simple moving average of 0.69 and a 200-day simple moving average of 0.81. The company has a market cap of $141.14 million, a P/E ratio of -6.33 and a beta of 1.78. The company has a debt-to-equity ratio of 106.86, a current ratio of 5.53 and a quick ratio of 3.04.
About Premium Nickel Resources
Premium Nickel Resources Ltd., through its subsidiaries, engages in acquisition, exploration, and evaluation of mineral properties in Botswana, Greenland, and Canada. It primarily explores for nickel, copper, cobalt, and platinum group metals deposits. The company is headquartered in Toronto, Canada.
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