Desjardins Forecasts CVE:NKG FY2027 Earnings

Nevada King Gold Corp. (CVE:NKG) – Stock analysts at Desjardins issued their FY2027 EPS estimates for Nevada King Gold in a note issued to investors on Tuesday, June 24th. Desjardins analyst A. Carson forecasts that the company will earn ($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%

CVE:NKG opened at C$0.15 on Thursday. The company’s 50 day moving average price is C$0.21 and its 200-day moving average price is C$0.26. Nevada King Gold has a 52 week low of C$0.14 and a 52 week high of C$0.41. The stock has a market cap of C$58.64 million, a price-to-earnings ratio of -2.49 and a beta of 1.57.

Insiders Place Their Bets

In related news, Director Collin Kettell sold 20,000,000 shares of Nevada King Gold stock in a transaction on 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. Insiders own 33.32% of the company’s stock.

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.