Nevada King Gold (CVE:NKG) Shares Up 25.9% – Still a Buy?

by · The Markets Daily

Nevada King Gold Corp. (CVE:NKG – Get Free Report)’s share price was up 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 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 Price Performance

The stock’s fifty day simple moving average is C$0.15 and its 200-day simple moving average is C$0.15. The company has a market capitalization of C$78.46 million, a P/E ratio of -6.17 and a beta of 0.42.

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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