Nevada King Gold Corp. (CVE:NKG - Get Free Report)'s stock price fell 5.9% during trading on Wednesday . The stock traded as low as C$0.16 and last traded at C$0.16. 225,500 shares changed hands during trading, an increase of 4% from the average session volume of 217,496 shares. The stock had previously closed at C$0.17.
Analyst Ratings Changes
Separately, Desjardins lowered their price target on shares of Nevada King Gold from C$90.00 to C$80.00 and set a "buy" rating for the company in a research report on Wednesday, June 25th.
View Our Latest Stock Report on NKG
Nevada King Gold Stock Performance
The firm's 50-day moving average price is C$0.17 and its 200 day moving average price is C$0.24. The company has a market cap of C$62.55 million, a price-to-earnings ratio of -2.65 and a beta of 1.57.
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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