Nevada King Gold Corp. (CVE:NKG - Get Free Report) shares were up 20% on Thursday . The stock traded as high as C$0.18 and last traded at C$0.18. Approximately 723,788 shares traded hands during mid-day trading, an increase of 227% from the average daily volume of 221,421 shares. The stock had previously closed at C$0.15.
Analyst Upgrades and Downgrades
Separately, Desjardins dropped their price target on shares of Nevada King Gold from C$90.00 to C$80.00 and set a "buy" rating for the company in a research note on Wednesday.
Check Out Our Latest Analysis on Nevada King Gold
Nevada King Gold Stock Performance
The stock has a fifty day moving average of C$0.21 and a 200-day moving average of C$0.26. The company has a market cap of C$66.46 million, a PE ratio of -2.82 and a beta of 1.57.
Insider Activity
In other Nevada King Gold news, Director Collin Kettell sold 20,000,000 shares of Nevada King Gold 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. Insiders own 33.32% of the company's stock.
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.
See Also
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