Desjardins upgraded shares of Nevada King Gold (CVE:NKG – Free Report) to a moderate buy rating in a research report report published on Wednesday,Zacks.com reports.
Nevada King Gold Trading Down 3.3 %
NKG traded down C$0.01 on Wednesday, hitting C$0.30. 91,800 shares of the company were exchanged, compared to its average volume of 170,947. The firm has a 50-day moving average price of C$0.34 and a two-hundred day moving average price of C$0.33. Nevada King Gold has a twelve month low of C$0.20 and a twelve month high of C$0.46. The company has a market cap of C$101.36 million, a price-to-earnings ratio of -3.28 and a beta of 1.57.
Nevada King Gold (CVE:NKG – Get Free Report) last posted its quarterly earnings results on Thursday, August 22nd. The company reported C($0.01) EPS for the quarter, hitting the consensus estimate of 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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