Nevada King Gold (CVE:NKG) Shares Up 1.4% – Still a Buy?

Nevada King Gold Corp. (CVE:NKGGet Free Report) shares shot up 1.4% during mid-day trading on Wednesday . The company traded as high as C$0.71 and last traded at C$0.71. Approximately 23,006 shares changed hands during mid-day trading, a decline of 57% from the average daily volume of 53,585 shares. The stock had previously closed at C$0.70.

Nevada King Gold Stock Performance

The firm has a 50 day moving average of C$0.88 and a 200-day moving average of C$0.45. The stock has a market capitalization of C$71.26 million, a PE ratio of -5.92 and a beta of 1.06.

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. Nevada King Gold Corp. is based in Vancouver, Canada.

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