Nevada King Gold (CVE:NKG) Stock Price Up 25.9% – Here’s Why

Nevada King Gold Corp. (CVE:NKGGet Free Report) shares rose 25.9% on Friday . The stock traded as high as C$0.17 and last traded at C$0.17. Approximately 1,459,756 shares changed hands during mid-day trading, an increase of 426% from the average daily volume of 277,655 shares. The stock had previously closed at C$0.14.

Nevada King Gold Stock Up 8.8%

The stock has a market capitalization of C$78.46 million, a P/E ratio of -6.17 and a beta of 0.42. The stock’s 50 day moving average price is C$0.15 and its 200-day moving average price is C$0.15.

About Nevada King Gold

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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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