Nexus Gold (CVE:NXS) Stock Price Down 33.3% – What’s Next?

Nexus Gold Corp. (CVE:NXSGet Free Report) was down 33.3% during mid-day trading on Saturday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 323,000 shares were traded 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 Down 33.3%

The company has a market capitalization of C$454,700.00, a PE ratio of -0.50 and a beta of 0.73. The company’s 50 day moving average is C$0.01 and its two-hundred day moving average is 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

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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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