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Equities Analysts Issue Forecasts for Nevada King Gold Corp.’s FY2024 Earnings (CVE:NKG)

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Equities Analysts Issue Forecasts for Nevada King Gold Corp.’s FY2024 Earnings (CVE:NKG)



Nevada King Gold Corp. (CVE:NKG – Free Report) – Equities researchers at Desjardins issued their FY2024 earnings estimates for Nevada King Gold in a research note issued to investors on Tuesday, April 30th. Desjardins analyst J. Sclodnick anticipates that the company will earn ($0.07) per share for the year. Desjardins currently has a “Buy” rating and a $1.00 target price 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 Trading Down 7.4 %

Shares of NKG opened at C$0.32 on Friday. The firm has a fifty day simple moving average of C$0.38 and a 200 day simple moving average of C$0.39. The stock has a market capitalization of C$108.20 million, a price-to-earnings ratio of -1.66 and a beta of 1.40. Nevada King Gold has a 12 month low of C$0.28 and a 12 month high of C$0.50.

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Nevada King Gold (CVE:NKG – Get Free Report) last posted its earnings results on Wednesday, February 28th. The company reported C($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C($0.01) by C($0.01).

About Nevada King Gold

(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.

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Nevada

WOW Carwash touts year-round water conservation with recycling tech in Southern Nevada

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WOW Carwash touts year-round water conservation with recycling tech in Southern Nevada


In the desert climate of Southern Nevada, WOW Carwash says it is working year-round to conserve water and reduce its environmental impact, using a combination of water-reclamation technology, biodegradable soaps and energy-efficient equipment.

The Las Vegas-born company says washing a car at home uses roughly 100 gallons of water. By comparison, WOW says it uses about 30 gallons per vehicle and reclaims up to 80% of the water.

WOW says its water-reclamation system exceeds typical local requirements. While local car washes are only required to have one sand and oil separator, WOW says it has four, along with a mud tank and UV filters designed to recycle water, reduce daily water use and ensure no solids are sent to the sewer system.

The company says all water from a WOW Carwash enters a 1,500-gallon mud tank underground at each location to begin separating soils from the water. From there, WOW says the water passes through a series of four sand and oil separators, where oils float to the surface, and soils sink to the bottom. WOW says the cleaned water is then pumped through UV and micron filters to remove remaining contaminants so it can be recycled and reused in the car wash.

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WOW also says it repurposes the dirt washed off vehicles. The company says its water-reclamation tanks are pumped regularly by licensed vacuum trucks to maintain efficiency, and what is pumped out is then utilized as fertilizer.

WOW says all cleaning agents used in its tunnel wash process are environmentally safe and biodegradable, and that the soaps are safe to the human touch and for a vehicle’s paint while still being tough on dirt. The company says the cleaning agents break down naturally, reducing harmful runoff that could otherwise flow into storm drains and local waterways.

To reduce its carbon footprint, WOW says it uses energy-efficient equipment, including Variable Frequency Drives that allow electric motors to “ramp down” when demand is low to reduce electricity use during operations.



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Will a new Nevada law to prevent heat deaths work? Planning is underway

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Will a new Nevada law to prevent heat deaths work? Planning is underway












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Las Vegas Valley governments are writing extreme heat into master plans. Will it prevent deaths? | Environment | News





















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