Nevada King Gold Corp. (CVE:NKG – Get Free Report)’s stock price traded down 22% during trading on Thursday . The stock traded as low as C$0.15 and last traded at C$0.16. 4,695,513 shares traded hands during mid-day trading, an increase of 2,498% from the average session volume of 180,729 shares. The stock had previously closed at C$0.21.
Nevada King Gold Stock Down 22.0%
The firm’s 50 day simple moving average is C$0.25 and its 200 day simple moving average is C$0.27. The company has a market cap of C$62.55 million, a price-to-earnings ratio of -2.65 and a beta of 1.57.
Insider Buying and Selling at Nevada King Gold
In other Nevada King Gold news, Director Collin Kettell sold 20,000,000 shares of the firm’s stock in a transaction that occurred on Monday, April 7th. The shares were sold at an average price of C$0.25, for a total value of C$5,000,000.00. 33.32% of the stock is owned by company insiders.
About Nevada King Gold
Nevada King Gold Corp. engages in the acquisition, exploration, and evaluation of resource properties in Nevada, the United States. The company explores for gold, silver, iron ore, vanadium, and other base metals. The company was formerly known as Victory Metals Inc and changed its name to Nevada King Gold Corp in April 2021.
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