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

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

Nexus Gold Stock Performance

The stock’s 50-day moving average is C$0.01 and its 200-day moving average is C$0.01. The stock 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 debt-to-equity ratio of 14,120.33, a current ratio of 0.03 and a quick ratio of 0.38.

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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