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

Nexus Gold Corp. (CVE:NXSGet Free Report) shot up 50% during mid-day trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. 127,000 shares were traded during trading, an increase of 51% from the average session volume of 84,251 shares. The stock had previously closed at C$0.01.

Nexus Gold Trading Up 50.0 %

The stock’s fifty day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01. The firm has a market capitalization of C$682,050.00, a PE ratio of -0.75 and a beta of 0.73. The company has a quick ratio of 0.38, a current ratio of 0.03 and a debt-to-equity ratio of 14,120.33.

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.

See Also

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.