Nexus Gold (CVE:NXS) Trading 50% Higher – What’s Next?

Nexus Gold Corp. (CVE:NXSGet Free Report)’s share price rose 50% during trading on Saturday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 123,000 shares were traded 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 Stock Performance

The company has a market cap of C$682,050.00, a P/E ratio of -0.75 and a beta of 0.73. The business has a fifty day moving average of C$0.01 and a 200 day moving average of 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.

Nexus Gold Company Profile

(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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