Nexus Gold (CVE:NXS) Trading 50% Higher – What’s Next?

Shares of Nexus Gold Corp. (CVE:NXSGet Free Report) traded 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 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 firm has a fifty day moving average of C$0.01 and a two-hundred day moving average of C$0.01. 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 has a market capitalization of C$682,050.00, a PE ratio of -0.75 and a beta of 0.73.

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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