Nexus Gold (CVE:NXS) Hits New 12-Month Low – Time to Sell?

Nexus Gold Corp. (CVE:NXSGet Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 12100 shares trading hands. The stock had previously closed at C$0.02.

Nexus Gold Price Performance

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 stock’s 50 day moving average price is C$0.01 and its two-hundred day moving average price is C$0.01. The firm has a market capitalization of C$454,700.00, a price-to-earnings ratio of -0.50 and a beta of 0.73.

Nexus Gold Company Profile

(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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