Desjardins upgraded shares of Nevada King Gold (CVE:NKG – Free Report) to a moderate buy rating in a research report sent to investors on Wednesday morning,Zacks.com reports.
Nevada King Gold Stock Performance
Shares of Nevada King Gold stock opened at C$0.30 on Wednesday. The stock has a market capitalization of C$101.36 million, a PE ratio of -3.28 and a beta of 1.57. Nevada King Gold has a 52-week low of C$0.20 and a 52-week high of C$0.46. The company has a 50-day simple moving average of C$0.34 and a two-hundred day simple moving average of C$0.33.
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 analysts’ consensus estimates 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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