Nexus Gold (CVE:NXS) Hits New 1-Year Low – Here’s What Happened

Nexus Gold Corp. (CVE:NXSGet Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 40033 shares. The stock had previously closed at C$0.02.

Nexus Gold Trading Down 33.3 %

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 firm has a market capitalization of C$454,700.00, a PE ratio of -0.50 and a beta of 0.73. The business’s 50-day moving average price is C$0.01 and its 200-day moving average price is C$0.01.

Nexus Gold Company Profile

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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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