Nexus Gold (CVE:NXS) Stock Price Up 50% – Here’s Why

Shares of Nexus Gold Corp. (CVE:NXSGet Free Report) 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 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 stock has a market capitalization of C$682,050.00, a P/E ratio of -0.75 and a beta of 0.73. The stock’s fifty day moving average price is C$0.01 and its two-hundred day moving average price is C$0.01. The company has a current ratio of 0.03, a quick ratio of 0.38 and a debt-to-equity ratio of 14,120.33.

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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