Nexus Gold (CVE:NXS) Trading Up 12.6% – What’s Next?

Nexus Gold Corp. (CVE:NXSGet Free Report) rose 12.6% during trading on Wednesday . The company traded as high as C$0.15 and last traded at C$0.15. 242,664 shares changed hands during trading, an increase of 686% from the average daily volume of 30,883 shares. The stock had previously closed at C$0.14.

Nexus Gold Price Performance

The company has a debt-to-equity ratio of 14,120.33, a quick ratio of 0.38 and a current ratio of 0.03. The stock’s 50 day moving average price is C$0.18 and its 200-day moving average price is C$0.24. The company has a market cap of C$3.60 million, a PE ratio of -0.27 and a beta of -0.08.

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. Nexus Gold Corp. is headquartered in Vancouver, Canada.

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