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

Nexus Gold Corp. (CVE:NXSGet Free Report) shares were up 50% during trading on Saturday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 123,000 shares were traded during mid-day 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 stock has a 50 day moving average of C$0.01 and a two-hundred day moving average of C$0.01. The stock has a market capitalization of C$682,050.00, a PE ratio of -0.75 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.

Further Reading

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