Niko Resources (TSE:NKO) Shares Pass Above 200 Day Moving Average – Time to Sell?

Niko Resources Ltd. (TSE:NKOGet Free Report)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.00 and traded as high as C$0.02. Niko Resources shares last traded at C$0.02, with a volume of 3,980,508 shares changing hands.

Niko Resources Price Performance

The stock has a market capitalization of C$1.88 million and a PE ratio of -0.02.

Niko Resources Company Profile

(Get Free Report)

Niko Resources Ltd. engages in the exploration, development, and production of oil and natural gas in India and Bangladesh. It primarily holds interests in the D6 Block consisting of Dhirubhai 1 and 3 Fields, MA Field, R cluster development project, satellite cluster development project, and MJ field development project located off the coastline of Andhra Pradesh, India; and the Block 9 in the central area of Bangladesh.

Featured Stories

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