Nevada King Gold (CVE:NKG) Trading Down 10.3% – Should You Sell?

Shares of Nevada King Gold Corp. (CVE:NKGGet Free Report) fell 10.3% on Tuesday . The stock traded as low as C$0.13 and last traded at C$0.13. 407,326 shares traded hands during trading, an increase of 47% from the average session volume of 277,179 shares. The stock had previously closed at C$0.15.

Nevada King Gold Trading Down 6.9%

The company has a 50-day moving average of C$0.15 and a 200-day moving average of C$0.17. The company has a market capitalization of C$57.25 million, a price-to-earnings ratio of -3.38 and a beta of 0.34.

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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