Desjardins Forecasts CVE:NKG FY2027 Earnings

Nevada King Gold Corp. (CVE:NKG) – Equities research analysts at Desjardins issued their FY2027 EPS estimates for Nevada King Gold in a report issued on Tuesday, June 24th. Desjardins analyst A. Carson forecasts that the company will post earnings of ($0.02) per share for the year. Desjardins has a “Buy” rating and a $80.00 price objective on the stock. Desjardins also issued estimates for Nevada King Gold’s FY2028 earnings at ($0.03) EPS.

Nevada King Gold Stock Up 7.1%

Nevada King Gold stock opened at C$0.15 on Thursday. The company has a market capitalization of C$58.64 million, a PE ratio of -2.49 and a beta of 1.57. The firm has a fifty day simple moving average of C$0.21 and a two-hundred day simple moving average of C$0.26. Nevada King Gold has a twelve month low of C$0.14 and a twelve month high of C$0.41.

Insiders Place Their Bets

In other news, Director Collin Kettell sold 20,000,000 shares of the company’s stock in a transaction dated Monday, April 7th. The shares were sold at an average price of C$0.25, for a total transaction of C$5,000,000.00. 33.32% of the stock is currently owned by insiders.

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.