Shares of Nevada King Gold Corp. (CVE:NKG - Get Free Report) traded down 22% during mid-day trading on Wednesday . The company traded as low as C$0.15 and last traded at C$0.16. 4,695,513 shares were traded during trading, an increase of 2,498% from the average session volume of 180,729 shares. The stock had previously closed at C$0.21.
Nevada King Gold Price Performance
The company has a market capitalization of C$54.73 million, a P/E ratio of -2.32 and a beta of 1.57. The stock's fifty day simple moving average is C$0.24 and its 200-day simple moving average is C$0.27.
Insider Activity at Nevada King Gold
In other news, Director Collin Kettell sold 20,000,000 shares of the stock in a transaction that occurred on 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. 33.32% of the stock is owned by corporate insiders.
About Nevada King Gold
(
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.
Featured Stories
Before you consider Nevada King Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nevada King Gold wasn't on the list.
While Nevada King Gold currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
