Nexus Gold (CVE:NXS) Hits New 12-Month Low – What’s Next?

Shares of Nexus Gold Corp. (CVE:NXS – Get Free Report) hit a new 52-week low during trading on Friday. The company traded as low as C$0.13 and last traded at C$0.13, with a volume of 2,500 shares trading hands. The stock had previously closed at C$0.14.

Nexus Gold Stock Performance

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. The company has a market capitalization of C$3.00 million, a PE ratio of -0.26 and a beta of -0.60. The company has a 50-day moving average price of C$0.15 and a two-hundred day moving average price of C$0.24.

Nexus Gold Company Profile

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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. Nexus Gold Corp. is headquartered in Vancouver, Canada.

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