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

Nexus Gold Corp. (CVE:NXSGet Free Report) shot up 50% on Saturday . The company traded as high as C$0.02 and last traded at C$0.02. 123,000 shares were traded 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 Stock Performance

The company has a current ratio of 0.03, a quick ratio of 0.38 and a debt-to-equity ratio of 14,120.33. The company’s 50-day moving average price is C$0.01 and its two-hundred day moving average price is C$0.01. The company has a market cap of C$682,050.00, a P/E 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.

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