Nexus Uranium (OTCMKTS:GIDMF) Shares Up 1.2% – Should You Buy?

Nexus Uranium Corp. (OTCMKTS:GIDMFGet Free Report)’s share price rose 1.2% during mid-day trading on Wednesday . The company traded as high as $1.90 and last traded at $1.8920. Approximately 1,400 shares changed hands during trading, a decline of 73% from the average daily volume of 5,118 shares. The stock had previously closed at $1.87.

Nexus Uranium Price Performance

The stock has a fifty day simple moving average of $1.22 and a two-hundred day simple moving average of $0.54.

Nexus Uranium Company Profile

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Nexus Uranium Inc (OTCMKTS:GIDMF) is a junior mineral exploration company focused on the acquisition, exploration and development of uranium projects in Canada’s Athabasca Basin. The Athabasca Basin is renowned for hosting some of the highest‐grade uranium deposits in the world, and Nexus Uranium seeks to leverage modern exploration techniques to unlock value in this prolific district.

The company’s project portfolio comprises several early‐stage to advanced‐stage uranium targets situated along major structural corridors.

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