Nexus Gold Corp. (CVE:NXS – Get Free Report)’s share price shot up 10% on Tuesday . The company traded as high as C$0.22 and last traded at C$0.22. Approximately 13,113 shares traded hands during mid-day trading, a decline of 57% from the average session volume of 30,403 shares. The stock had previously closed at C$0.20.
Nexus Gold Stock Up 10.0%
The company has a 50-day moving average of C$0.23 and a 200-day moving average of C$0.29. 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 capitalization of C$5.28 million, a price-to-earnings ratio of -0.71 and a beta of 0.13.
Nexus Gold Company Profile
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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