Nexus Gold (CVE:NXS) Trading Up 33.3% – Here’s What Happened

Nexus Gold Corp. (CVE:NXSGet Free Report) shares were up 33.3% on Monday . The stock traded as high as C$0.18 and last traded at C$0.18. Approximately 104,347 shares traded hands during mid-day trading, an increase of 803% from the average daily volume of 11,554 shares. The stock had previously closed at C$0.14.

Nexus Gold Price Performance

The company has a market capitalization of C$642,400.00, a P/E ratio of -1.00 and a beta of 0.21. The company’s 50-day moving average price is C$0.09 and its two-hundred day moving average price is C$0.04. 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.

About Nexus Gold

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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.

Further Reading

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