Nexus Gold (CVE:NXS) Stock Price Down 33.3% – What’s Next?

Nexus Gold Corp. (CVE:NXSGet Free Report) shares were down 33.3% 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 has a quick ratio of 0.38, a current ratio of 0.03 and a debt-to-equity ratio of 14,120.33. The firm’s fifty day moving average price is C$0.01 and its two-hundred day moving average price is C$0.01. The stock has a market capitalization of C$454,700.00, a PE ratio of -0.50 and a beta of 0.73.

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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