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Last C$0.08 CAD
Change Today 0.00 / 0.00%
Volume 151.6K
NKO On Other Exchanges
As of 3:34 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

niko resources ltd (NKO) Snapshot

Previous Close
Day High
Day Low
52 Week High
09/4/14 - C$1.65
52 Week Low
08/19/15 - C$0.07
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for NIKO RESOURCES LTD (NKO)

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niko resources ltd (NKO) Details

Niko Resources Ltd. engages in the exploration for, development, and production of natural gas and crude oil. Its principal producing natural gas and crude oil assets comprise the D6 Block in India and Block 9 in Bangladesh. The company was founded in 1987 and is headquartered in Calgary, Canada.

128 Employees
Last Reported Date: 06/26/15
Founded in 1987

niko resources ltd (NKO) Top Compensated Officers

Chief Financial Officer, Vice President of Fi...
Total Annual Compensation: $272.8K
Chief Operating Officer, Director and Chairma...
Total Annual Compensation: $542.8K
Compensation as of Fiscal Year 2014.

niko resources ltd (NKO) Key Developments

Niko Resources Calls of Stake Sale In KG-D6 Block

Niko Resources Ltd. (TSX:NKO) has called off sale of 10% stake in KG-D6 block due to a possible failure in finding a buyer. The company is no longer focused on the sale of its interest in the D6 Block or the company in the near term, and is now pursuing a strategic plan to maintain the company's core assets until the value of these assets can be enhanced for the benefit of the company's stakeholders," Niko said.

Niko Reports Earnings Results for the First Quarter Ended June 30, 2015

Niko Resources Ltd. reported earnings results for the first quarter ended June 30, 2015. The company reported EBITDAX of $19 million, net loss of $29 million against $26 million and $55 million respectively a year ago. Decrease in EBITDAX is primarily due to lower oil prices, lower sales volumes, higher government share of revenue in Block 9 in Bangladesh, partially offset by higher natural gas prices for the D6 Block in India.

Niko Resources Ltd. Auditor Raises 'Going Concern' Doubt

Niko Resources Ltd. filed its Annual on Jun 26, 2015 for the period ending Mar 31, 2015. In this report its auditor, KPMG LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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