Nevada King Gold Corp. (CVE:NKG - Get Free Report)'s stock price was down 22% on Thursday . The company traded as low as C$0.15 and last traded at C$0.16. Approximately 4,695,513 shares traded hands during mid-day trading, an increase of 2,498% from the average daily volume of 180,729 shares. The stock had previously closed at C$0.21.
Nevada King Gold Trading Down 9.4%
The company's 50 day simple moving average is C$0.25 and its 200-day simple moving average is C$0.27. The firm has a market cap of C$56.68 million, a P/E ratio of -2.40 and a beta of 1.57.
Insider Activity at Nevada King Gold
In related news, Director Collin Kettell sold 20,000,000 shares of the company's stock in a transaction 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 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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