Nevada King Gold (CVE) Stock Price Down 3.4%

Experienced a 3.4% decline in its stock price during mid-day trading on Monday. The stock traded as low as C$0.28 and last traded at C$0.28, with approximately 41,302 shares changing hands. This trading volume marked a significant decrease of 75% from the average daily volume of 165,888 shares. The stock had previously closed at C$0.29.

Analyst Upgrades and Downgrades

Separately, Desjardins set a C$1.00 price target on shares of Nevada King Gold and gave the company a "buy" rating in a research report on Wednesday, May 1st.

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Nevada King Gold Stock Performance

The stock has a 50-day moving average of C$0.30 and a 200-day moving average of C$0.35. The firm has a market capitalization of C$99.61 million, a P/E ratio of -1.53, and a beta of 1.43.

Quarterly Earnings Data

last announced its quarterly earnings data on Tuesday, June 11th. The company reported earnings per share (EPS) of C($0.02) for the quarter, missing analysts' consensus estimates of C($0.01) by C($0.01).

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About Nevada King Gold

Nevada King Gold Corp. engages in the acquisition, exploration, and evaluation of resource properties in Nevada, United States. The company explores for gold, silver, iron ore, vanadium, and other base metals. Formerly known as Victory Metals Inc, the company changed its name to Nevada King Gold Corp in April 2021.

News Source:- marketbeat.com