Premium Nickel Resources's quarterly market cap
increased
from Jun. 2023 (C$187.31 Mil) to Sep. 2023 (C$194.10 Mil) but then
declined
from Sep. 2023 (C$194.10 Mil) to Dec. 2023 (C$188.12 Mil).
Premium Nickel Resources's annual market cap
increased
from Dec. 2021 (C$0.00 Mil) to Dec. 2022 (C$186.43 Mil) and
increased
from Dec. 2022 (C$186.43 Mil) to Dec. 2023 (C$188.12 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Premium Nickel Resources's Enterprise Value for Today is C$120.24 Mil.
Premium Nickel Resources Market Cap Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Premium Nickel Resources's Market Cap
For the Other Industrial Metals & Mining subindustry, Premium Nickel Resources's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Premium Nickel Resources's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Premium Nickel Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where Premium Nickel Resources's Market Cap falls into.
Premium Nickel Resources Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Premium Nickel Resources's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Premium Nickel Resources (TSXV:PNRL) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Premium Nickel Resources Market Cap Related Terms
Thank you for viewing the detailed overview of Premium Nickel Resources's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Premium Nickel Resources (TSXV:PNRL) Business Description
Premium Nickel Resources Ltd is a Canadian company dedicated to the exploration and development of high-quality nickel copper + cobalt resources. The company focuses its efforts on discovering nickel sulphide assets in Botswana, Greenland, and Canada. It has one reportable operating segment being that of the acquisition, exploration and development of mineral properties in three geographic segments being Botswana, Greenland and Canada.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSXV:PNRL has been successfully added to your 