Shares of Nevada King Gold Corp. (CVE:NKG – Get Free Report) traded down 22% during trading on Thursday . The company traded as low as C$0.15 and last traded at C$0.16. 4,695,513 shares traded hands during 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 Performance
The business’s 50 day moving average price is C$0.24 and its two-hundred day moving average price is C$0.27. The company has a market capitalization of C$54.73 million, a price-to-earnings ratio of -2.32 and a beta of 1.57.
Insiders Place Their Bets
In other news, Director Collin Kettell sold 20,000,000 shares of the firm’s stock in a transaction dated Monday, April 7th. The shares were sold at an average price of C$0.25, for a total transaction of C$5,000,000.00. 33.32% of the stock is currently owned by insiders.
Nevada King Gold Company Profile
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.
Recommended Stories
- Five stocks we like better than Nevada King Gold
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- A Large Oil Supply Draw Could Mean Upside in These 3 Energy Names
- The Most Important Warren Buffett Stock for Investors: His Own
- 3 Stocks Getting Rare Double Upgrades From Analysts
- What Are Dividend Champions? How to Invest in the Champions
- This Banking Giant Just Got a $90 Price Target Upgrade
Receive News & Ratings for Nevada King Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nevada King Gold and related companies with MarketBeat.com's FREE daily email newsletter.
