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

Nexus Gold Corp. (CVE:NXSGet Free Report)’s share price rose 50% on Thursday . The stock 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 Stock Down 33.3 %

The firm has a 50 day moving average price of C$0.01 and a two-hundred day moving average price of C$0.01. 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. The company has a market capitalization of C$454,700.00, a price-to-earnings ratio of -0.50 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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