Nevada King Gold (CVE:NKG) Stock Price Down 3.2% – Here’s What Happened

Posted by Doug Wharley on Jan 29th, 2025

Nevada King Gold Corp. (CVE:NKG – Get Free Report)’s stock price fell 3.2% during mid-day trading on Tuesday . The company traded as low as C$0.30 and last traded at C$0.30. 10,492 shares traded hands during trading, a decline of 90% from the average session volume of 107,888 shares. The stock had previously closed at C$0.31.

Wall Street Analyst Weigh In

Separately, Desjardins raised Nevada King Gold to a “moderate buy” rating in a research note on Wednesday, November 13th.

Read Our Latest Analysis on NKG

Nevada King Gold Price Performance

The company has a market capitalization of C$103.07 million, a P/E ratio of -3.33 and a beta of 1.57. The company has a 50 day moving average of C$0.29 and a 200-day moving average of C$0.32.

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.