Nexus Gold (CVE:NXS) Hits New 1-Year Low – Should You Sell?

Nexus Gold Corp. (CVE:NXSGet Free Report) shares hit a new 52-week low during trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 4000 shares traded. The stock had previously closed at C$0.01.

Nexus Gold Price Performance

The stock’s 50-day moving average price is C$0.01 and its 200 day moving average price is C$0.02. The firm has a market cap of C$682,050.00, a price-to-earnings ratio of -0.75 and a beta of 0.73. The company has a quick ratio of 0.38, a current ratio of 0.03 and a debt-to-equity ratio of 14,120.33.

About Nexus Gold

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Nexus Gold Corp. engages in the exploration and evaluation of mineral properties in West Africa. The company explores for gold deposits. It holds a 100% interest in Dakuli II Property which covers an area of 9,800 hectares located in the Burkina Faso, West Africa. The company also has an option to acquire 90% interests in the Fofora Gold Property covering approximately an area of 6,200 hectares located in the Burkina Faso, West Africa.

Further Reading

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