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Nevada King Gold (CVE:NKG) Shares Down 2% - Here's What Happened

Nevada King Gold logo with Basic Materials background

Nevada King Gold Corp. (CVE:NKG - Get Free Report)'s share 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 changed hands during mid-day 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 Price Performance

The company's 50-day moving average is C$0.26 and its two-hundred day moving average is C$0.28. The company has a market cap of C$93.82 million, a P/E ratio of -3.98 and a beta of 1.57.

Insider Transactions at Nevada King Gold

In other Nevada King Gold news, Director Collin Kettell sold 20,000,000 shares of the firm'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. Company 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.

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