Nexus Gold (CVE:NXS) Trading 33.3% Higher – Time to Buy?

Shares of Nexus Gold Corp. (CVE:NXSGet Free Report) were up 33.3% during trading on Saturday . The stock traded as high as C$0.03 and last traded at C$0.02. Approximately 1,905,416 shares changed hands during trading, an increase of 2,128% from the average daily volume of 85,519 shares. The stock had previously closed at C$0.02.

Nexus Gold Stock Up 33.3%

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. The firm’s 50-day moving average price is C$0.01 and its 200 day moving average price is C$0.01. The firm has a market cap of C$909,400.00, a P/E ratio of -1.00 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.

Further Reading

Receive News & Ratings for Nexus Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nexus Gold and related companies with MarketBeat.com's FREE daily email newsletter.