Nexus Gold (CVE:NXS) Shares Up 50% – Here’s What Happened

Nexus Gold Corp. (CVE:NXSGet Free Report)’s share price was up 50% during trading on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 101,000 shares traded hands during trading, an increase of 27% from the average daily volume of 79,810 shares. The stock had previously closed at C$0.01.

Nexus Gold Price Performance

The business has a 50 day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.01. The firm has a market capitalization 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.

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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