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Nevada King Gold (CVE:NKG) Trading 4.2% Higher - What's Next?

Nevada King Gold logo with Basic Materials background

Nevada King Gold Corp. (CVE:NKG - Get Free Report)'s share price traded up 4.2% on Wednesday . The company traded as high as C$0.25 and last traded at C$0.25. 73,425 shares traded hands during mid-day trading, a decline of 48% from the average session volume of 140,402 shares. The stock had previously closed at C$0.24.

Nevada King Gold Stock Performance

The firm has a market capitalization of C$91.86 million, a PE ratio of -3.90 and a beta of 1.57. The firm's 50 day moving average price is C$0.26 and its 200-day moving average price is C$0.29.

Insiders Place Their Bets

In other Nevada King Gold news, Director Collin Kettell sold 20,000,000 shares of the company's stock in a transaction 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. 33.32% of the stock is currently owned by company insiders.

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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