Nevada King Gold (CVE:NKG) Stock Rating Upgraded by Desjardins

Desjardins upgraded shares of Nevada King Gold (CVE:NKGFree Report) to a moderate buy rating in a report published on Wednesday,Zacks.com reports.

Nevada King Gold Stock Down 3.3 %

Shares of NKG stock traded down C$0.01 during trading hours 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 fifty day moving average of C$0.34 and a 200 day moving average of C$0.33. Nevada King Gold has a 1 year low of C$0.20 and a 1 year high of C$0.46. The firm has a market cap of C$101.36 million, a PE ratio of -3.28 and a beta of 1.57.

Nevada King Gold (CVE:NKGGet Free Report) last announced its quarterly earnings results on Thursday, August 22nd. The company reported C($0.01) earnings per share for the quarter, meeting analysts’ consensus estimates of C($0.01).

Nevada King Gold Company Profile

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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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