Nexus Gold (CVE:NXS) Trading Down 7.3% – What’s Next?

Nexus Gold Corp. (CVE:NXSGet Free Report)’s stock price was down 7.3% during trading on Friday . The stock traded as low as C$0.38 and last traded at C$0.38. Approximately 13,935 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 56,615 shares. The stock had previously closed at C$0.41.

Nexus Gold Stock Down 7.3%

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 company has a market cap of C$5.52 million, a price-to-earnings ratio of 2.11 and a beta of 1.32. The firm’s fifty day simple moving average is C$0.31 and its 200 day simple moving average is C$0.17.

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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