Shares of Nevada King Gold Corp. (CVE:NKG – Get Free Report) dropped 18.5% during mid-day trading on Wednesday . The company traded as low as C$0.66 and last traded at C$0.66. 101,577 shares changed hands during trading, an increase of 81% from the average daily volume of 55,988 shares. The stock had previously closed at C$0.81.
Nevada King Gold Price Performance
The stock has a 50 day moving average of C$0.74 and a two-hundred day moving average of C$0.40. The stock has a market capitalization of C$70.26 million, a PE ratio of -5.83 and a beta of 1.02.
Nevada King Gold Company Profile
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. Nevada King Gold Corp. is based in Vancouver, Canada.
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