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

Nexus Gold Corp. (CVE:NXSGet Free Report)’s stock price shot up 50% during trading on Tuesday . The stock traded as high as C$0.02 and last traded at C$0.02. 565,100 shares traded hands during trading, an increase of 261% from the average session volume of 156,509 shares. The stock had previously closed at C$0.01.

Nexus Gold Price Performance

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 firm has a market capitalization of C$1.51 million, a PE ratio of -1.00 and a beta of -0.41. The firm’s fifty day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01.

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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