Nexus Gold (CVE:NXS) Shares Down 33.3% – Time to Sell?

Nexus Gold Corp. (CVE:NXSGet Free Report)’s stock price traded down 33.3% during trading on Friday . The stock traded as low as C$0.01 and last traded at C$0.01. 673,800 shares traded hands during trading, an increase of 455% from the average session volume of 121,297 shares. The stock had previously closed at C$0.02.

Nexus Gold Price Performance

The company has a market capitalization of C$1.00 million, a P/E ratio of -1.00 and a beta of -0.41. The company has a fifty day moving average price of C$0.01 and a 200 day moving average price of 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.

Nexus Gold Company Profile

(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.