Nevada King Gold Corp. (CVE:NKG - Get Free Report) fell 26.8% during trading on Wednesday . The company traded as low as C$0.15 and last traded at C$0.15. 2,715,736 shares traded hands during trading, an increase of 1,621% from the average session volume of 157,840 shares. The stock had previously closed at C$0.21.
Nevada King Gold Stock Performance
The company has a market capitalization of C$56.68 million, a P/E ratio of -2.40 and a beta of 1.57. The stock has a 50 day moving average price of C$0.25 and a 200 day moving average price of C$0.27.
Insider Transactions at Nevada King Gold
In other news, Director Collin Kettell sold 20,000,000 shares of the business's stock in a transaction that occurred on Monday, April 7th. The shares were sold at an average price of C$0.25, for a total value of C$5,000,000.00. Company 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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