Nexus Gold (CVE:NXS) Stock Price Down 21.1% – What’s Next?

Nexus Gold Corp. (CVE:NXS)’s stock price traded down 21.1% on Friday . The stock traded as low as C$0.14 and last traded at C$0.15. 106,040 shares changed 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 Price Performance

The company has a quick ratio of 0.38, a current ratio of 0.03 and a debt-to-equity ratio of 14,120.33. The firm has a fifty day moving average price of C$0.09 and a two-hundred day moving average price of C$0.04. The stock has a market capitalization of C$542,025.00, a P/E ratio of -1.00 and a beta of 0.21.

Nexus Gold Company Profile

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.