Nexus Gold Corp. (CVE:NXS – Get Free Report)’s share price dropped 33.3% during trading on Friday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 673,800 shares traded hands during mid-day trading, an increase of 455% from the average daily volume of 121,297 shares. The stock had previously closed at C$0.02.
Nexus Gold Stock Performance
The company has a 50 day moving average price of C$0.01 and a 200 day moving average price of C$0.01. The firm has a market cap of C$1.00 million, a price-to-earnings ratio of -1.00 and a beta of -0.41. 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
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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