Nevada King Gold Corp. (CVE:NKG - Get Free Report) rose 4.2% during mid-day trading on Wednesday . The company traded as high as C$0.25 and last traded at C$0.25. Approximately 73,425 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 140,402 shares. The stock had previously closed at C$0.24.
Nevada King Gold Trading Down 4.1 %
The business has a 50-day moving average price of C$0.26 and a 200-day moving average price of C$0.28. The firm has a market cap of C$91.86 million, a P/E ratio of -3.90 and a beta of 1.57.
Insider Activity
In other news, Director Collin Kettell sold 20,000,000 shares of the business's stock in a transaction dated 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. Company insiders own 33.32% of the company's stock.
Nevada King Gold Company Profile
(
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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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