Nexus Gold (CVE:NXS) Hits New 12-Month Low – Here’s Why

Nexus Gold Corp. (CVE:NXSGet Free Report)’s stock price reached a new 52-week low on Friday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 988408 shares changing hands. The stock had previously closed at C$0.02.

Nexus Gold Price Performance

The firm has a market cap of C$1.00 million, a price-to-earnings ratio of -1.00 and a beta of -0.41. The business’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 current ratio of 0.03, a quick ratio of 0.38 and a debt-to-equity ratio of 14,120.33.

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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