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

Nexus Gold Corp. (CVE:NXS) hit a new 52-week low on Monday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 155000 shares changing hands. The stock had previously closed at C$0.01.

Nexus Gold Stock Performance

The company has a debt-to-equity ratio of 14,120.33, a quick ratio of 0.38 and a current ratio of 0.03. The company has a market capitalization of C$454,700.00, a P/E ratio of -0.50 and a beta of 0.73. The company’s fifty day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01.

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.