Nexus Uranium (OTCMKTS:GIDMF) Stock Price Down 8.1% – Here’s Why

Nexus Uranium Corp. (OTCMKTS:GIDMFGet Free Report) dropped 8.1% during mid-day trading on Friday . The company traded as low as 0.23 and last traded at 0.23. Approximately 16,300 shares changed hands during mid-day trading, a decline of 34% from the average daily volume of 24,588 shares. The stock had previously closed at 0.25.

Nexus Uranium Price Performance

The firm’s fifty day moving average price is 0.21 and its 200 day moving average price is 0.26.

Nexus Uranium Company Profile

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Nexus Uranium Corp. engages in the acquisition and exploration of mineral property assets in Canada. It explores for uranium, gold, silver, and copper deposits. The company holds an option to acquire 90% interest in the Wray Mesa uranium project with 308 unpatented mining claims covering 6,282 acres located in the Uruvan mining district in Utah.

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