Nexus Gold (CVE:NXS) Sets New 1-Year Low – Should You Sell?

Nexus Gold Corp. (CVE:NXSGet Free Report) shares reached a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 4000 shares changing hands. The stock had previously closed at C$0.02.

Nexus Gold Trading Down 33.3 %

The company’s fifty day moving average price is C$0.01 and its 200-day moving average price is C$0.01. The company has a debt-to-equity ratio of 14,120.33, a current ratio of 0.03 and a quick ratio of 0.38. The stock has a market cap of C$454,700.00, a price-to-earnings ratio of -0.50 and a beta of 0.73.

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.

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