Shares of Premium Nickel Resources Ltd. (CVE:PNRL – Get Free Report) rose 6.7% on Thursday . The company traded as high as 0.95 and last traded at 0.95. Approximately 359,305 shares traded hands during trading, an increase of 33% from the average daily volume of 269,726 shares. The stock had previously closed at 0.89.
Premium Nickel Resources Price Performance
The business has a fifty day simple moving average of 0.85 and a two-hundred day simple moving average of 1.04. The company has a current ratio of 1.95, a quick ratio of 3.04 and a debt-to-equity ratio of 41.97. The stock has a market cap of $149.43 million and a PE ratio of -7.92.
About Premium Nickel Resources
Premium Nickel Resources Ltd., through its subsidiaries, engages in exploration and development of mineral properties in Botswana. The company also engages in the exploration and development of nickel-copper-cobalt-platinum group metals resources. It operates in Botswana, Greenland, Barbados, and Canada.
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