Desjardins Has Positive Forecast for CVE:NKG FY2026 Earnings

Key Points

• Desjardins analysts have increased their fiscal year 2026 earnings per share estimate for Nevada King Gold Corp. to ($0.02), from a previous estimate of ($0.04).
• The firm maintains a "Buy" rating for Nevada King Gold and has set a target price of $80.00 for the stock.
• Nevada King Gold's stock currently trades at C$0.16, with a market capitalization of C$67.86 million and a P/E ratio of -4.00.

Nevada King Gold Corp. (CVE:NKG - Free Report) - Analysts at Desjardins boosted their FY2026 earnings per share estimates for shares of Nevada King Gold in a research note issued on Wednesday, September 24th. Desjardins analyst A. Carson now anticipates that the company will post earnings of ($0.02) per share for the year, up from their prior estimate of ($0.04). Desjardins currently has a "Buy" rating and a $80.00 target price on the stock.

Nevada King Gold Stock Performance

Nevada King Gold stock opened at C$0.16 on Monday. Nevada King Gold has a 52 week low of C$0.12 and a 52 week high of C$0.40. The stock has a market capitalization of C$67.86 million, a P/E ratio of -4.00 and a beta of 0.37. The stock has a fifty day moving average of C$0.15 and a 200-day moving average of C$0.19.

About Nevada King Gold

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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