Nevada King Gold Corp. (CVE:NKG - Get Free Report) was down 5.2% on Wednesday . The company traded as low as C$0.27 and last traded at C$0.28. Approximately 148,525 shares traded hands during trading, an increase of 47% from the average daily volume of 101,241 shares. The stock had previously closed at C$0.29.
Analysts Set New Price Targets
Separately, Desjardins raised Nevada King Gold to a "moderate buy" rating in a report on Wednesday, November 13th.
Get Our Latest Report on NKG
Nevada King Gold Trading Up 1.8 %
The firm has a market capitalization of C$111.41 million, a price-to-earnings ratio of -4.73 and a beta of 1.57. The firm has a fifty day moving average price of C$0.29 and a 200 day moving average price of C$0.32.
About Nevada King Gold
(
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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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