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

Nexus Gold Corp. (CVE:NXSGet Free Report) rose 50% on Wednesday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 127,000 shares traded hands during trading, an increase of 51% from the average daily volume of 84,251 shares. The stock had previously closed at C$0.01.

Nexus Gold Stock Down 33.3 %

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 capitalization of C$454,700.00, a price-to-earnings ratio of -0.50 and a beta of 0.73. The firm’s fifty day moving average price is C$0.01 and its 200-day moving average price 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.

Read More

Receive News & Ratings for Nexus Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nexus Gold and related companies with MarketBeat.com's FREE daily email newsletter.