Nexus Gold (CVE:NXS) Sets New 52-Week Low – What’s Next?

Nexus Gold Corp. (CVE:NXSGet Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.13 and last traded at C$0.13, with a volume of 60118 shares traded. The stock had previously closed at C$0.15.

Nexus Gold Stock 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 firm’s 50-day moving average price is C$0.17 and its two-hundred day moving average price is C$0.23. The firm has a market capitalization of C$3.60 million, a price-to-earnings ratio of -0.27 and a beta of -0.08.

About Nexus Gold

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

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