Nevada King Gold (CVE:NKG) Stock Price Down 1.7%

Nevada King Gold Corp. (CVE:NKGGet Free Report) was down 1.7% during trading on Tuesday . The stock traded as low as C$0.30 and last traded at C$0.30. Approximately 83,546 shares changed hands during mid-day trading, a decline of 43% from the average daily volume of 146,683 shares. The stock had previously closed at C$0.30.

Analyst Upgrades and Downgrades

Separately, Desjardins set a C$1.00 price target on shares of Nevada King Gold and gave the company a “buy” rating in a report on Wednesday, May 1st.

Read Our Latest Report on Nevada King Gold

Nevada King Gold Stock Performance

The firm has a 50 day moving average of C$0.34 and a 200-day moving average of C$0.37. The company has a market cap of C$101.33 million, a P/E ratio of -1.55 and a beta of 1.43.

Nevada King Gold (CVE:NKGGet Free Report) last announced its quarterly earnings results on Tuesday, June 11th. The company reported C($0.02) EPS for the quarter, missing the consensus estimate of C($0.01) by C($0.01).

Nevada King Gold Company Profile

(Get Free Report)

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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