Nexus Gold (CVE:NXS) Stock Price Up 50% – What’s Next?

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

Nexus Gold Stock Performance

The stock has a fifty day moving average price of C$0.01 and a 200 day moving average price of 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. The firm has a market cap of C$682,050.00, a price-to-earnings ratio of -0.75 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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