Nexus Gold (CVE:NXS) Stock Price Down 33.3% – Here’s Why

Shares of Nexus Gold Corp. (CVE:NXSGet Free Report) were down 33.3% during trading on Saturday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 323,000 shares changed hands during mid-day trading, an increase of 341% from the average daily volume of 73,213 shares. The stock had previously closed at C$0.02.

Nexus Gold Stock Performance

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. The stock has a fifty day moving average price of C$0.01 and a 200-day moving average price of C$0.01. The firm has a market capitalization of C$454,700.00, a price-to-earnings ratio of -0.50 and a beta of 0.73.

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.

Featured Articles

Receive News & Ratings for Nexus Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nexus Gold and related companies with MarketBeat.com's FREE daily email newsletter.