Nexus Gold (CVE:NXS) Hits New 52-Week Low – Time to Sell?

Shares of Nexus Gold Corp. (CVE:NXS) reached a new 52-week low during trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 45525 shares. The stock had previously closed at C$0.01.

Nexus Gold Trading Down 50.0 %

The stock has a market capitalization of C$227,350.00, a P/E ratio of -0.25 and a beta of 0.73. The stock’s fifty day moving average price is C$0.01 and its two-hundred day moving average price is C$0.01. The company has a current ratio of 0.03, a quick ratio of 0.38 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.