Nexus Gold (CVE:NXS) Trading Up 50% – Here’s Why

Nexus Gold Corp. (CVE:NXSGet Free Report) shot up 50% on Saturday . The stock traded as high as C$0.02 and last traded at C$0.02. 123,000 shares traded hands during mid-day trading, an increase of 36% from the average session volume of 90,489 shares. The stock had previously closed at C$0.01.

Nexus Gold Price Performance

The company has a debt-to-equity ratio of 14,120.33, a quick ratio of 0.38 and a current ratio of 0.03. The business has a 50 day simple moving average of C$0.01 and a 200-day simple moving average of C$0.01. 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.

Nexus Gold Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Nexus Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nexus Gold and related companies with MarketBeat.com's FREE daily email newsletter.