Nickel One Resources (NNN) Stock Price Down 30%

Nickel One Resources Inc (CVE:NNN) dropped 30% during trading on Thursday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 2,036,000 shares changed hands during mid-day trading, an increase of 368% from the average daily volume of 434,777 shares. The stock had previously closed at C$0.05.

The company has a current ratio of 0.11, a quick ratio of 0.01 and a debt-to-equity ratio of 6.32.

In other Nickel One Resources news, insider Blair Lawrence Naughty bought 901,000 shares of Nickel One Resources stock in a transaction dated Friday, November 30th. The stock was acquired at an average cost of C$0.03 per share, with a total value of C$27,030.00. Insiders sold 965,540 shares of company stock valued at $19,311 over the last ninety days.

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About Nickel One Resources (CVE:NNN)

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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