Nevada King Gold Corp. (CVE:NKG - Get Free Report) was down 22% on Wednesday . The stock traded as low as C$0.15 and last traded at C$0.16. Approximately 4,695,513 shares traded hands during 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 22.0%
The firm has a 50-day moving average of C$0.25 and a 200 day moving average of C$0.27. The company has a market cap of C$62.55 million, a P/E ratio of -2.65 and a beta of 1.57.
Insider Transactions at Nevada King Gold
In other news, Director Collin Kettell sold 20,000,000 shares of Nevada King Gold stock in a transaction dated Monday, April 7th. The stock was sold at an average price of C$0.25, for a total value of C$5,000,000.00. Corporate 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.
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