Free Trial

Desjardins Has Negative Outlook of CVE:NKG FY2026 Earnings

Nevada King Gold logo with Basic Materials background

Nevada King Gold Corp. (CVE:NKG - Free Report) - Investment analysts at Desjardins cut their FY2026 earnings per share estimates for shares of Nevada King Gold in a report issued on Tuesday, June 24th. Desjardins analyst A. Carson now forecasts that the company will post earnings of ($0.04) per share for the year, down from their prior estimate of ($0.03). Desjardins has a "Buy" rating and a $80.00 price objective on the stock.

Nevada King Gold Price Performance

Shares of CVE:NKG opened at C$0.17 on Friday. Nevada King Gold has a 12 month low of C$0.14 and a 12 month high of C$0.41. The firm has a market capitalization of C$66.46 million, a price-to-earnings ratio of -2.82 and a beta of 1.57. The business's 50 day simple moving average is C$0.21 and its 200-day simple moving average is C$0.26.

Insider Transactions at Nevada King Gold

In related news, Director Collin Kettell sold 20,000,000 shares of the company'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 transaction of C$5,000,000.00. Corporate insiders own 33.32% of the company's stock.

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.

Featured Articles

Earnings History and Estimates for Nevada King Gold (CVE:NKG)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Nevada King Gold Right Now?

Before you consider Nevada King Gold, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nevada King Gold wasn't on the list.

While Nevada King Gold currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA: Another 200% Growth Ahead? (PLUS 2 Companies Riding Along)
3 Rising Stocks You’ll Want on Your Watchlist
Trillions in Defense Spending—3 Disruptive Stocks Set to Double

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines