Nexus Gold (CVE:NXS) Shares Down 21.1% – Should You Sell?

Nexus Gold Corp. (CVE:NXSGet Free Report)’s stock price fell 21.1% during mid-day trading on Friday . The stock traded as low as C$0.14 and last traded at C$0.15. 106,040 shares traded hands during trading, an increase of 961% from the average session volume of 9,999 shares. The stock had previously closed at C$0.19.

Nexus Gold Trading Down 10.0%

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 company has a fifty day moving average of C$0.09 and a 200-day moving average of C$0.04. The firm has a market capitalization of C$542,025.00, a PE ratio of -1.00 and a beta of 0.21.

About Nexus Gold

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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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