Desjardins upgraded shares of Nevada King Gold (CVE:NKG - Free Report) to a moderate buy rating in a research note published on Wednesday,Zacks.com reports.
Nevada King Gold Stock Down 3.3 %
Shares of Nevada King Gold stock traded down C$0.01 during trading on Wednesday, reaching C$0.30. The company's stock had a trading volume of 91,800 shares, compared to its average volume of 170,947. Nevada King Gold has a 52-week low of C$0.20 and a 52-week high of C$0.46. The company has a market cap of C$101.36 million, a price-to-earnings ratio of -3.28 and a beta of 1.57. The firm's 50-day moving average is C$0.34 and its two-hundred day moving average is C$0.33.
Nevada King Gold (CVE:NKG - Get Free Report) last announced its quarterly earnings results on Thursday, August 22nd. The company reported C($0.01) earnings per share for the quarter, meeting the consensus estimate of C($0.01).
Nevada King Gold Company Profile
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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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