Mirabela Nickel Worst Performer in Australia

Bloomberg reported that while Australia’s stock exchange grew the most since 2006 in the first quarter nickel miners fell.

As quoted in the market news:

Mirabela Nickel Ltd. (MBN) , which is developing a mining project in Brazil, continued its seven-day losing streak and was the worst performer in Sydney, down 8.1 percent at 56 Australian cents and capping a 72 percent fall over the past 12 months.

Click here to read the full Bloomberg report.