Nevada King Gold Corp. (CVE:NKG - Get Free Report)'s share price was down 5.9% during mid-day trading on Friday . The stock traded as low as C$0.16 and last traded at C$0.16. Approximately 87,000 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 219,475 shares. The stock had previously closed at C$0.17.
Wall Street Analysts Forecast Growth
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 on the stock in a report on Wednesday, June 25th.
Read Our Latest Stock Analysis on NKG
Nevada King Gold Stock Performance
The firm has a market capitalization of C$62.55 million, a price-to-earnings ratio of -2.65 and a beta of 1.57. The business's 50-day moving average is C$0.18 and its two-hundred day moving average is C$0.24.
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.
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