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Nevada King Gold (CVE:NKG) Trading Down 2% - Time to Sell?

Nevada King Gold logo with Basic Materials background

Nevada King Gold Corp. (CVE:NKG - Get Free Report)'s stock price was down 2% during mid-day trading on Friday . The company traded as low as C$0.25 and last traded at C$0.25. Approximately 29,596 shares were traded during trading, a decline of 79% from the average daily volume of 139,587 shares. The stock had previously closed at C$0.25.

Nevada King Gold Trading Down 2.0 %

The firm's 50-day simple moving average is C$0.26 and its two-hundred day simple moving average is C$0.28. The stock has a market capitalization of C$93.82 million, a PE ratio of -3.98 and a beta of 1.57.

Insider Buying and Selling

In other Nevada King Gold news, Director Collin Kettell sold 20,000,000 shares of the business's stock in a transaction dated Monday, April 7th. The stock was sold at an average price of C$0.25, for a total transaction of C$5,000,000.00. 33.32% of the stock is currently owned by insiders.

About Nevada King Gold

(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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