Nevada King Gold (CVE:NKG) Hits New 1-Year Low – Here’s Why

Nevada King Gold Corp. (CVE:NKGGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.14 and last traded at C$0.14, with a volume of 379958 shares changing hands. The stock had previously closed at C$0.15.

Nevada King Gold Price Performance

The firm has a market capitalization of C$54.73 million, a PE ratio of -2.32 and a beta of 1.57. The company has a 50-day moving average price of C$0.23 and a 200-day moving average price of C$0.26.

Insiders Place Their Bets

In other Nevada King Gold news, Director Collin Kettell sold 20,000,000 shares of the firm’s stock in a transaction dated Monday, April 7th. The stock was sold at an average price of C$0.25, for a total value of C$5,000,000.00. 33.32% of the stock is owned by corporate insiders.

About Nevada King Gold

(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.

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