Nexus Gold (CVE:NXS) Stock Price Up 50% – Should You Buy?

by · The Cerbat Gem

Nexus Gold Corp. (CVE:NXS – Get Free Report)’s stock price was up 50% on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 127,000 shares traded hands during mid-day 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 Trading Down 33.3 %

The firm has a market cap of C$454,700.00, a P/E ratio of -0.50 and a beta of 0.73. The firm’s fifty day moving average is C$0.01 and its two-hundred day moving average is C$0.01. 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.

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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