Nexus Gold Corp (CVE:NXS) shares fell 8% on Tuesday . The stock traded as low as C$0.12 and last traded at C$0.12. 160,600 shares traded hands during trading, a decline of 29% from the average session volume of 227,517 shares. The stock had previously closed at C$0.13.
Separately, Fundamental Research reiterated a “positive” rating on shares of Nexus Gold in a research note on Monday, January 14th.
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Nexus Gold Company Profile (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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