Nevada King Gold (CVE:NKG) Trading Up 25.9% – Time to Buy?

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

Nevada King Gold Price Performance

The company has a market capitalization of C$72.10 million, a P/E ratio of -5.67 and a beta of 0.42. The firm has a fifty day moving average price of C$0.15 and a 200-day moving average price of C$0.15.

About Nevada King Gold

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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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