Nexus Gold (CVE:NXS) Trading Up 50% – Time to Buy?

Nexus Gold Corp. (CVE:NXSGet Free Report)’s stock price rose 50% during mid-day trading on Saturday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 123,000 shares traded hands during trading, an increase of 36% from the average daily volume of 90,489 shares. The stock had previously closed at C$0.01.

Nexus Gold Trading Up 50.0 %

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 firm’s 50-day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01. The stock has a market capitalization of C$682,050.00, a P/E 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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