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Premium Nickel Resources (TSXV:PNRL) Book Value per Share : C$0.32 (As of Mar. 2024)


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What is Premium Nickel Resources Book Value per Share?

Premium Nickel Resources's book value per share for the quarter that ended in Mar. 2024 was C$0.32.

During the past 12 months, Premium Nickel Resources's average Book Value Per Share Growth Rate was 22.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

Premium Nickel Resources's current price is C$0.88. Its book value per share for the quarter that ended in Mar. 2024 was C$0.32. Hence, today's PB Ratio of Premium Nickel Resources is 2.78.

During the past 5 years, the highest P/B Ratio of Premium Nickel Resources was 6.64. The lowest was 0.00. And the median was 0.00.


Premium Nickel Resources Book Value per Share Historical Data

The historical data trend for Premium Nickel Resources's Book Value per Share can be seen below:

* 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 members only.

Premium Nickel Resources Book Value per Share Chart

Premium Nickel Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
- 0.34 -0.04 0.23 0.34

Premium Nickel Resources Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.32 0.29 0.34 0.32

Competitive Comparison of Premium Nickel Resources's Book Value per Share

For the Other Industrial Metals & Mining subindustry, Premium Nickel Resources's PB Ratio, along with its competitors' market caps and PB Ratio 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 PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Premium Nickel Resources's PB Ratio distribution charts can be found below:

* The bar in red indicates where Premium Nickel Resources's PB Ratio falls into.



Premium Nickel Resources Book Value per Share Calculation

Premium Nickel Resources's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(50.78-0.03)/149.30
=0.34

Premium Nickel Resources's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(47.24-0.03)/149.43
=0.32

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Premium Nickel Resources  (TSXV:PNRL) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Premium Nickel Resources Book Value per Share Related Terms

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Premium Nickel Resources (TSXV:PNRL) Business Description

Traded in Other Exchanges
Address
100 King Street West, One First Canadian Place, Suite 3400, Toronto, ON, CAN, M5X 1A4
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.
Executives
Richard William Keith Morrison Director, Senior Officer

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