Premium Nickel Resources Ltd. (CVE:PNRL – Get Free Report) fell 5.7% during mid-day trading on Wednesday . The stock traded as low as 0.83 and last traded at 0.83. 37,900 shares were traded during trading, a decline of 86% from the average session volume of 275,156 shares. The stock had previously closed at 0.88.
Premium Nickel Resources Price Performance
The company has a debt-to-equity ratio of 41.97, a current ratio of 1.95 and a quick ratio of 3.04. The company’s 50-day simple moving average is 0.85 and its 200-day simple moving average is 1.07. The stock has a market capitalization of $124.03 million and a P/E ratio of -6.92.
Premium Nickel Resources Company Profile
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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