Nexus Gold Corp (CVE:NXS)’s share price shot up 5.9% during mid-day trading on Monday . The company traded as high as C$0.10 and last traded at C$0.09. 172,474 shares were traded during mid-day trading, a decline of 85% from the average session volume of 1,162,700 shares. The stock had previously closed at C$0.09.

The company’s 50-day moving average is C$0.10 and its 200-day moving average is C$0.06. The company has a debt-to-equity ratio of 2.33, a quick ratio of 0.66 and a current ratio of 2.41. The firm has a market cap of $6.98 million and a price-to-earnings ratio of -1.64.

Nexus Gold Company Profile (CVE:NXS)

Nexus Gold Corp., a mineral exploration company, explores for mineral properties in West Africa. It holds interest in the Bouboulou gold concession covering an area of 38.8 square kilometers located to the north-west of the capital Ouagadougou; Rakounga gold concession that covers an area of 250-square kilometers in Burkina Faso, West Africa; and Niangouela gold concession totaling an area of 178 square kilometers y located in Burkina Faso, West Africa.

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