Premium Nickel Resources (CVE:PNRL) Shares Up 4.1% – Time to Buy?

Premium Nickel Resources Ltd. (CVE:PNRLGet Free Report) shares traded up 4.1% on Friday . The stock traded as high as 0.77 and last traded at 0.76. 82,177 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 261,900 shares. The stock had previously closed at 0.73.

Premium Nickel Resources Trading Up 4.1 %

The stock has a market capitalization of $141.14 million, a P/E ratio of -6.33 and a beta of 1.78. The stock’s 50 day moving average price is 0.69 and its 200-day moving average price is 0.81. The company has a quick ratio of 3.04, a current ratio of 5.53 and a debt-to-equity ratio of 106.86.

Premium Nickel Resources Company Profile

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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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