Nevada King Gold (CVE:NKG) Shares Up 25.9% – Here’s What Happened

Shares of Nevada King Gold Corp. (CVE:NKGGet Free Report) rose 25.9% on Friday . The company traded as high as C$0.17 and last traded at C$0.17. Approximately 1,459,756 shares were traded during 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 Trading Up 25.9%

The business has a 50 day moving average of C$0.15 and a two-hundred day moving average of C$0.15. The firm has a market cap of C$72.10 million, a P/E ratio of -5.67 and a beta of 0.42.

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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