Nevada King Gold Corp. (CVE:NKG - Get Free Report)'s stock price fell 4.2% during trading on Monday . The stock traded as low as C$0.23 and last traded at C$0.23. 60,000 shares traded hands during mid-day trading, a decline of 57% from the average session volume of 141,112 shares. The stock had previously closed at C$0.24.
Nevada King Gold Trading Down 6.7%
The firm has a market cap of C$82.09 million, a PE ratio of -3.48 and a beta of 1.57. The company's 50-day moving average is C$0.25 and its 200 day moving average is C$0.27.
Insider Activity 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 shares were 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 insiders.
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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