Nexus Gold (CVE:NXS) Trading Down 21.1% – Here’s What Happened

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

Nexus Gold Stock Down 10.0%

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 stock has a 50-day simple moving average of C$0.09 and a 200-day simple 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

(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.

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