Nexus Gold Corp (CVE:NXS) shares were down 5.9% during trading on Friday . The company traded as low as C$0.08 and last traded at C$0.08, approximately 128,500 shares were traded during trading. A decline of 68% from the average daily volume of 407,279 shares. The stock had previously closed at C$0.09.
The stock has a 50-day moving average price of C$0.10 and a 200 day moving average price of C$0.09. The firm has a market cap of $5.27 million and a price-to-earnings ratio of -0.83.
About Nexus Gold (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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