Shares of Nexus Gold Corp. (CVE:NXS – Get Free Report) rose 18.5% on Tuesday . The stock traded as high as C$0.18 and last traded at C$0.16. Approximately 108,997 shares changed hands during mid-day trading, an increase of 841% from the average daily volume of 11,581 shares. The stock had previously closed at C$0.14.
Nexus Gold Stock Performance
The company has a 50-day moving average price of C$0.10 and a two-hundred day moving average price of 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. The stock has a market capitalization of C$682,550.00, a P/E ratio of -1.00 and a beta of 0.60.
About Nexus Gold
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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