Shares of Nautilus Minerals Inc. (TSE:NUS) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.11 and last traded at C$0.12, with a volume of 106919 shares changing hands. The stock had previously closed at C$0.13.

About Nautilus Minerals (TSE:NUS)

Nautilus Minerals Inc, a seafloor resource exploration company, explores and develops the ocean floor for copper, gold, silver, and zinc seafloor massive sulphide deposits. It also explores for manganese, nickel, and cobalt nodule deposits. The company's principal project is the Solwara 1 project located in the Bismarck Sea, Papua New Guinea.

Further Reading: Price to Earnings Ratio (PE) Basics

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