Nexus Gold (CVE:NXS) Shares Up 50% – Still a Buy?

Nexus Gold Corp. (CVE:NXSGet Free Report)’s stock price traded up 50% during trading on Saturday . The company traded as high as C$0.02 and last traded at C$0.02. 123,000 shares traded hands during trading, an increase of 36% from the average session volume of 90,489 shares. The stock had previously closed at C$0.01.

Nexus Gold Stock 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 50-day moving average price of C$0.01 and a 200 day moving average price of C$0.01. The firm has a market capitalization of C$682,050.00, a PE ratio of -0.75 and a beta of 0.73.

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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