Nevada King Gold (NKG) Stock Price, News & Analysis

Company Overview

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. Nevada King Gold Corp. is based in Vancouver, Canada.

Key Stats

• Today's Range: C$0.16 to C$0.16
• 50-Day Range: C$0.14 to C$0.28
• 52-Week Range: C$0.14 to C$0.41
• Volume: 35,000 shs
• Average Volume: 224,783 shs
• Market Capitalization: C$62.55 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$80.00
• Consensus Rating: Buy

Nevada King Gold Stock Analysis - MarketRank™

Nevada King Gold scored higher than 39% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Nevada King Gold has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Nevada King Gold has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Nevada King Gold is -2.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Nevada King Gold is -2.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Nevada King Gold has a P/B Ratio of 3.84. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for NKG.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Nevada King Gold does not currently pay a dividend.

Dividend Growth

Nevada King Gold does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for NKG.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

News Sentiment

Nevada King Gold has a news sentiment score of -0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Basic Materials companies.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Nevada King Gold insiders have sold 114,842.53% more of their company's stock than they have bought. Specifically, they have bought C$4,350.00 in company stock and sold C$5,000,000.00 in company stock.

Percentage Held by Insiders

33.32% of the stock of Nevada King Gold is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 3.58% of the stock of Nevada King Gold is held by institutions.

NKG Stock Analysis - Frequently Asked Questions

How have NKG shares performed this year?

Nevada King Gold's stock was trading at C$0.30 at the start of the year. Since then, NKG shares have decreased by 45.8% and is now trading at C$0.16.

How do I buy shares of Nevada King Gold?

Shares of NKG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Nevada King Gold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nevada King Gold investors own include Exscientia (EXAI), Eli Lilly and Company (LLY), Skye Bioscience (SKYE), Symbotic (SYM), American Water Works (AWK), Broadcom (AVGO) and ARM (ARM).

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: N/A
• Current Symbol: CVE:NKG
• CIK: N/A
• Web: www.nevadaking.ca
• Phone: N/A
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$80.00
• High Stock Price Target: C$80.00
• Low Stock Price Target: C$80.00
• Potential Upside/Downside: +49,900.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.06)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -C$24.37 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -74.55%
• Return on Assets: -39.22%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.12
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: C$0.04 per share
• Price / Book: 3.84

Miscellaneous

• Outstanding Shares: 390,911,780
• Free Float: N/A
• Market Cap: C$62.55 million
• Optionable: Not Optionable
• Beta: 1.57