Nexus Gold (CVE:NXS) Trading Up 18.5% – Still a Buy?

Nexus Gold Corp. (CVE:NXSGet Free Report)’s share price rose 18.5% on Monday . The stock traded as high as C$0.18 and last traded at C$0.16. Approximately 108,847 shares traded hands during trading, an increase of 840% from the average daily volume of 11,580 shares. The stock had previously closed at C$0.14.

Nexus Gold Stock Up 18.5%

The firm has a market cap of C$642,400.00, a P/E ratio of -1.00 and a beta of 0.21. The firm’s 50 day moving average is C$0.09 and its two-hundred day moving average is C$0.04. 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.

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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