Desjardins Weighs in on Nevada King Gold Corp.’s FY2024 Earnings (CVE:NKG)

Nevada King Gold Corp. (CVE:NKG) – Analysts at Desjardins issued their FY2024 EPS estimates for shares of Nevada King Gold in a research note issued on Tuesday, April 30th. Desjardins analyst J. Sclodnick expects that the company will post earnings per share of ($0.07) for the year. Desjardins has a “Buy” rating and a $1.00 price objective on the stock. Desjardins also issued estimates for Nevada King Gold’s FY2025 earnings at ($0.03) EPS and FY2026 earnings at ($0.03) EPS.

Nevada King Gold (CVE:NKG) last released its quarterly earnings data on Wednesday, February 28th. The company reported C($0.02) earnings per share for the quarter, missing the consensus estimate of C($0.01) by C($0.01).

Nevada King Gold Price Performance

CVE:NKG opened at C$0.34 on Friday. The company has a fifty day moving average of C$0.38 and a 200-day moving average of C$0.39. The firm has a market capitalization of C$116.78 million, a P/E ratio of -1.79 and a beta of 1.40. Nevada King Gold has a twelve month low of C$0.28 and a twelve month high of C$0.50.

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.