Nexus Gold (CVE:NXS) Trading 18.5% Higher – Time to Buy?

Nexus Gold Corp. (CVE:NXS)’s stock price was up 18.5% during trading on Monday . The stock traded as high as C$0.18 and last traded at C$0.16. Approximately 108,997 shares were traded during trading, an increase of 841% from the average daily volume of 11,581 shares. The stock had previously closed at C$0.14.

Nexus Gold Stock Performance

The stock has a market cap of C$642,400.00, a P/E ratio of -1.00 and a beta of 0.21. The company has a fifty day moving average of C$0.09 and a 200 day moving average of C$0.04. 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.

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.