Nevada King Gold (CVE:NKG) Trading 10.2% Higher – Here’s Why

Nevada King Gold Corp. (CVE:NKGGet Free Report) was up 10.2% during mid-day trading on Thursday . The stock traded as high as C$0.27 and last traded at C$0.27. Approximately 298,146 shares traded hands during mid-day trading, an increase of 130% from the average daily volume of 129,586 shares. The stock had previously closed at C$0.25.

Nevada King Gold Price Performance

The firm has a 50-day simple moving average of C$0.29 and a 200 day simple moving average of C$0.31. The company has a market capitalization of C$105.55 million, a PE ratio of -4.48 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.

Further Reading

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