Collin Kettell Sells 20,000,000 Shares of Nevada King Gold Corp. (CVE:NKG) Stock

Nevada King Gold Corp. (CVE:NKG) Director Collin Kettell sold 20,000,000 shares of the company’s stock in a transaction dated Monday, April 7th. The stock was sold at an average price of C$0.25, for a total transaction of C$5,000,000.00.

Nevada King Gold Stock Performance

Shares of NKG remained flat at C$0.26 during trading on Monday. 300,450 shares of the company’s stock were exchanged, compared to its average volume of 141,757. The business’s fifty day moving average is C$0.28 and its 200-day moving average is C$0.30. Nevada King Gold Corp. has a 1-year low of C$0.20 and a 1-year high of C$0.44. The firm has a market cap of C$101.64 million, a PE ratio of -4.31 and a beta of 1.57.

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.