Nevada King Gold Corp. (CVE:NKG - Get Free Report)'s share price fell 26.8% during trading on Wednesday . The stock traded as low as C$0.15 and last traded at C$0.15. 3,562,462 shares traded hands during trading, an increase of 2,057% from the average session volume of 165,175 shares. The stock had previously closed at C$0.21.
Nevada King Gold Trading Down 9.4%
The firm has a 50-day moving average of C$0.24 and a 200 day moving average of C$0.27. The stock has a market capitalization of C$56.68 million, a price-to-earnings ratio of -2.40 and a beta of 1.57.
Insider Buying and Selling at Nevada King Gold
In related news, Director Collin Kettell sold 20,000,000 shares of the company's 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 transaction of C$5,000,000.00. 33.32% of the stock is currently owned by corporate insiders.
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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