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

Nexus Gold Corp. (CVE:NXSGet Free Report)’s stock price traded up 50% during trading on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. 127,000 shares traded hands during mid-day trading, an increase of 51% from the average session volume of 84,251 shares. The stock had previously closed at C$0.01.

Nexus Gold Price Performance

The company’s 50 day simple moving average is C$0.01 and its two-hundred day simple moving average is C$0.01. 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 stock has a market capitalization of C$454,700.00, a P/E ratio of -0.50 and a beta of 0.73.

About Nexus Gold

(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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