Nexus Gold (CVE:NXS) Trading 5.9% Higher
Shares of Nexus Gold Corp (CVE:NXS) were up 5.9% during mid-day trading on Monday . The stock traded as high as C$0.10 and last traded at C$0.09. Approximately 172,474 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 1,162,700 shares. The stock had previously closed at C$0.09.
The company has a debt-to-equity ratio of 2.33, a current ratio of 2.41 and a quick ratio of 0.66. The stock has a market capitalization of $6.98 million and a P/E ratio of -1.64. The stock’s fifty day moving average is C$0.10 and its 200-day moving average is C$0.06.
Nexus Gold Company Profile (CVE:NXS)
Nexus Gold Corp., a mineral exploration company, explores for mineral properties in West Africa. It holds interest in the Bouboulou gold concession covering an area of 38.8 square kilometers located to the north-west of the capital Ouagadougou; Rakounga gold concession that covers an area of 250-square kilometers in Burkina Faso, West Africa; and Niangouela gold concession totaling an area of 178 square kilometers y located in Burkina Faso, West Africa.
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