Nexus Gold Corp. (CVE:NXS – Get Free Report)’s share price dropped 33.3% on Saturday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 323,000 shares were traded during mid-day 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 Trading Down 33.3%
The firm has a market cap of C$454,700.00, a P/E ratio of -0.50 and a beta of 0.73. The business’s 50-day moving average is C$0.01 and its two-hundred day moving average is C$0.01. The company has a debt-to-equity ratio of 14,120.33, a current ratio of 0.03 and a quick ratio of 0.38.
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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