Nevada King Gold (CVE:NKG) Raised to Moderate Buy at Desjardins

Nevada King Gold (CVE:NKGGet Free Report) was upgraded by investment analysts at Desjardins to a “moderate buy” rating in a research note issued to investors on Wednesday,Zacks.com reports.

Nevada King Gold Stock Performance

Shares of CVE NKG opened at C$0.30 on Wednesday. The company has a market cap of C$101.36 million, a PE ratio of -3.28 and a beta of 1.57. The business 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 has a fifty-two week low of C$0.20 and a fifty-two week high of C$0.46.

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

Nevada King Gold Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Nevada King Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nevada King Gold and related companies with MarketBeat.com's FREE daily email newsletter.