Nevada King Gold Corp. (CVE:NKG – Get Free Report) shares dropped 18.5% on Wednesday . The stock traded as low as C$0.66 and last traded at C$0.66. 101,577 shares changed hands during mid-day trading, an increase of 81% from the average session volume of 55,988 shares. The stock had previously closed at C$0.81.
Nevada King Gold Price Performance
The company’s fifty day simple moving average is C$0.72 and its 200-day simple moving average is C$0.39. The firm has a market capitalization of C$71.26 million, a PE ratio of -5.92 and a beta of 1.02.
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. Nevada King Gold Corp. is based in Vancouver, Canada.
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