Nexus Gold (CVE:NXS) Trading Down 33.3% – Time to Sell?

Nexus Gold Corp. (CVE:NXSGet Free Report) was down 33.3% during mid-day trading on Friday . 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 342% from the average daily volume of 73,013 shares. The stock had previously closed at C$0.02.

Nexus Gold Trading Down 33.3%

The business’s fifty day moving average is C$0.01 and its 200-day moving average is C$0.01. The firm has a market cap of C$454,700.00, a P/E ratio of -0.50 and a beta of 0.73. 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.

Nexus Gold Company Profile

(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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