Nautilus Minerals (NUS) Trading Down 12.5%

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Nautilus Minerals Inc. (TSE:NUS) shares dropped 12.5% during trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.07. Approximately 105,000 shares were traded during trading, a decline of 20% from the average daily volume of 131,024 shares. The stock had previously closed at C$0.08.

The company has a debt-to-equity ratio of 5.15, a quick ratio of 0.00 and a current ratio of 0.02.

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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.

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