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

Nexus Gold Corp. (CVE:NXSGet Free Report)’s stock price shot up 50% during trading on Friday . The company traded as high as C$0.02 and last traded at C$0.02. 1,718,346 shares were traded during trading, an increase of 2,043% from the average session volume of 80,168 shares. The stock had previously closed at C$0.01.

Nexus Gold Price Performance

The stock’s 50-day moving average is C$0.01 and its 200 day moving average is C$0.01. 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. The company has a market cap 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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