Nexus Gold (CVE:NXS) Stock Price Up 15.8% – Here’s Why

Nexus Gold Corp. (CVE:NXSGet Free Report)’s stock price rose 15.8% during mid-day trading on Friday . The company traded as high as C$0.22 and last traded at C$0.22. Approximately 37,600 shares traded hands during mid-day trading, an increase of 25% from the average session volume of 30,052 shares. The stock had previously closed at C$0.19.

Nexus Gold Stock Up 15.8%

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. The company has a market cap of C$5.28 million, a PE ratio of -0.40 and a beta of 0.15. The firm has a fifty day simple moving average of C$0.20 and a 200 day simple moving average of C$0.28.

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. Nexus Gold Corp. is headquartered in Vancouver, Canada.

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