Niko Resources Ltd. (TSE:NKO) reached a new 52-week low on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.06, with a volume of 36,582 shares traded. The stock had previously closed at C$0.05.

The company has a 50 day moving average of $0.06 and a 200 day moving average of $0.07. The firm has a market capitalization of $5.17 million and a price-to-earnings ratio of 0.038.

ILLEGAL ACTIVITY WARNING: This story was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this story on another publication, it was copied illegally and reposted in violation of United States and international copyright and trademark legislation. The legal version of this story can be accessed at https://www.thecerbatgem.com/2017/10/06/niko-resources-ltd-nko-sets-new-52-week-low-at-0-05.html.

Niko Resources Company Profile

Niko Resources Ltd. is engaged in the exploration, development and production of oil and natural gas primarily in India and Bangladesh. The Company’s segments include India, Bangladesh, Other Exploration Areas and Corporate. The Company’s reserves are located in the D6 Block in India and Block 9 in Bangladesh.

Receive News & Stock Ratings for Niko Resources Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Niko Resources Ltd. and related stocks with our FREE daily email newsletter.