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

Nexus Gold Corp. (CVE:NXSGet Free Report)’s stock price traded up 50% during trading on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. 101,000 shares changed hands during trading, an increase of 27% from the average session volume of 79,755 shares. The stock had previously closed at C$0.01.

Nexus Gold Price Performance

The business has a 50 day simple moving average of C$0.01 and a 200 day simple moving average of C$0.01. The company has a market capitalization of C$454,700.00, a price-to-earnings ratio of -0.50 and a beta of 0.73. 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.

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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