Shares of Nexus Gold Corp. (CVE:NXS – Get Free Report) rose 15.8% on Friday . The stock traded as high as C$0.22 and last traded at C$0.22. 37,600 shares traded hands during trading, an increase of 25% from the average daily volume of 30,052 shares. The stock had previously closed at C$0.19.
Nexus Gold Trading Up 15.8%
The firm has a market capitalization of C$5.28 million, a price-to-earnings ratio of -0.40 and a beta of 0.15. The business’s 50-day simple moving average is C$0.20 and its two-hundred day simple moving average is C$0.28. 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.
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. Nexus Gold Corp. is headquartered in Vancouver, Canada.
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