Nexus Gold (CVE:NXS) Hits New 1-Year Low – What’s Next?

Shares of Nexus Gold Corp. (CVE:NXS) hit a new 52-week low on Monday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 60333 shares traded. The stock had previously closed at C$0.02.

Nexus Gold Stock Down 33.3 %

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 of C$0.01 and a two-hundred day moving average of C$0.01. The firm has a market capitalization of C$454,700.00, a price-to-earnings ratio of -0.50 and a beta of 0.73.

Nexus Gold Company Profile

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.