Niko Resources Ltd. (TSE:NKO) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.06, with a volume of 47600 shares. The stock had previously closed at C$0.06.

Niko Resources Company Profile

Niko Resources Ltd. engages in the exploration for, development, and production of oil and natural gas. It primarily holds interests in the D6 Block located off the coastline of Andhra Pradesh, India; and the Block 9 in the central area of Bangladesh. The company was founded in 1987 and is headquartered in Calgary, Canada.

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