Nexus Gold (CVE:NXS) Shares Up 50% – Should You Buy?

Nexus Gold Corp. (CVE:NXSGet Free Report) shares rose 50% during trading on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 127,000 shares traded hands during trading, an increase of 51% from the average daily volume of 84,251 shares. The stock had previously closed at C$0.01.

Nexus Gold Trading Down 33.3 %

The business has a 50-day moving average of C$0.01 and a 200 day moving average of C$0.01. The stock has a market cap of C$454,700.00, a PE ratio of -0.50 and a beta of 0.73. 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.

About Nexus Gold

(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.

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