Nickel One Resources (NNN) Trading Down 15.4%
Shares of Nickel One Resources Inc (CVE:NNN) fell 15.4% during trading on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06. 831,000 shares were traded during mid-day trading, an increase of 34% from the average session volume of 621,084 shares. The stock had previously closed at C$0.07.
The company has a current ratio of 0.11, a quick ratio of 0.01 and a debt-to-equity ratio of 6.32. The firm has a market capitalization of $3.10 million and a P/E ratio of -4.29.
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Nickel One Resources Inc, an exploration stage company, acquires, explores for, and evaluates mineral resource properties in Canada. The company primarily explores for copper, cobalt, nickel, platinum, palladium, and gold metals. It holds interests in the Manitouwadge property, which consists of 71 mining claims totaling 1,099 claim units covering an area of approximately 17,584 hectares located in the areas of Bigrock Lake and Olga Lake, Thunder Bay Mining Division, Ontario; and Lantinen Koillismaa project situated in North-central Finland.
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