Shares of Nevada King Gold Corp. (CVE:NKG - Get Free Report) fell 22% on Thursday . The stock traded as low as C$0.15 and last traded at C$0.16. 4,695,513 shares changed hands during trading, an increase of 2,498% from the average session volume of 180,729 shares. The stock had previously closed at C$0.21.
Nevada King Gold Price Performance
The company has a market cap of C$56.68 million, a price-to-earnings ratio of -2.40 and a beta of 1.57. The stock has a 50-day moving average price of C$0.25 and a 200 day moving average price of C$0.27.
Insider Activity
In other Nevada King Gold news, Director Collin Kettell sold 20,000,000 shares of the business's stock in a transaction that occurred on 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 owned by corporate insiders.
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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