Shares of Nevada King Gold Corp. (CVE:NKG – Get Free Report) fell 3.4% on Monday . The stock traded as low as C$0.28 and last traded at C$0.28. 41,302 shares changed hands during trading, a decline of 75% from the average session volume of 165,888 shares. The stock had previously closed at C$0.29.
Wall Street Analysts Forecast Growth
Separately, Desjardins set a C$1.00 price objective on Nevada King Gold and gave the stock a “buy” rating in a report on Wednesday, May 1st.
Nevada King Gold Stock Performance
The firm has a market cap of C$96.17 million, a P/E ratio of -1.47 and a beta of 1.43. The stock has a fifty day simple moving average of C$0.31 and a 200 day simple moving average of C$0.35.
Nevada King Gold (CVE:NKG – Get Free Report) last issued its earnings results on Tuesday, June 11th. The company reported C($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.01) by C($0.01).
About Nevada King Gold
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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