Nexus Minerals (ASX:NXM) Trading 23.8% Higher

Nexus Minerals Ltd (ASX:NXM)’s share price was up 23.8% during trading on Friday . The stock traded as high as A$0.05 ($0.04) and last traded at A$0.05 ($0.04), approximately 88,645 shares were traded during trading. A decline of 3% from the average daily volume of 91,091 shares. The stock had previously closed at A$0.04 ($0.03).

The company has a market cap of $6.09 million and a P/E ratio of -2.74. The firm’s fifty day moving average price is A$0.05.

About Nexus Minerals (ASX:NXM)

Nexus Minerals Limited engages in the exploration of mineral properties in Western Australia. It holds interests in the Pinnacles joint venture, Pinnacles regional, Triumph, Wallbrook, and Mt Celia gold projects located to the north east of Kalgoorlie in the Eastern Goldfields. The company was formerly known as Hemisphere Resources Limited.

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