Nexus Gold Corp. (CVE:NXS – Get Free Report) shares dropped 33.3% during trading on Saturday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 323,000 shares changed hands during trading, an increase of 341% from the average daily volume of 73,213 shares. The stock had previously closed at C$0.02.
Nexus Gold Price Performance
The company’s fifty day moving average price is C$0.01 and its 200 day moving average price is C$0.01. The company 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 quick ratio of 0.38, a current ratio of 0.03 and a debt-to-equity ratio of 14,120.33.
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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