Nexus Gold (CVE:NXS) Sets New 52-Week Low – Should You Sell?

Nexus Gold Corp. (CVE:NXS) shares reached a new 52-week low on Wednesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 12100 shares. The stock had previously closed at C$0.02.

Nexus Gold Trading Down 33.3 %

The company has a debt-to-equity ratio of 14,120.33, a quick ratio of 0.38 and a current ratio of 0.03. The business has a 50 day simple moving average of C$0.01 and a 200-day simple moving average of C$0.01. The stock has a market capitalization of C$454,700.00, a P/E ratio of -0.50 and a beta of 0.73.

Nexus Gold Company Profile

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.