Nevada King Gold (CVE:NKG) Trading Up 25.9% – Should You Buy?

by · The Markets Daily

Shares of Nevada King Gold Corp. (CVE:NKG – Get Free Report) rose 25.9% on Thursday . The company traded as high as C$0.17 and last traded at C$0.17. Approximately 1,459,756 shares traded hands during mid-day trading, an increase of 426% from the average daily volume of 277,655 shares. The stock had previously closed at C$0.14.

Nevada King Gold Stock Performance

The stock has a market capitalization of C$78.46 million, a PE ratio of -6.17 and a beta of 0.42. The firm’s 50 day moving average is C$0.15 and its two-hundred day moving average is C$0.15.

Nevada King Gold Company Profile

(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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