K92 Mining Inc. (KNT.V) (CVE:KNT – Get Free Report) Senior Officer Christopher James Muller sold 18,900 shares of the firm’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of C$9.80, for a total transaction of C$185,220.00.
K92 Mining Inc. (KNT.V) Price Performance
Shares of CVE KNT remained flat at C$7.99 during midday trading on Friday. The stock had a trading volume of 337,797 shares, compared to its average volume of 1,128,356. The stock has a 50 day moving average of C$7.99 and a 200 day moving average of C$7.99. K92 Mining Inc. has a 52-week low of C$1.55 and a 52-week high of C$8.50. The company has a quick ratio of 2.43, a current ratio of 3.25 and a debt-to-equity ratio of 4.93. The company has a market capitalization of C$1.63 billion and a PE ratio of 32.48.
Analyst Ratings Changes
A number of equities research analysts have commented on KNT shares. Royal Bank of Canada raised their price target on K92 Mining Inc. (KNT.V) from C$12.00 to C$13.00 in a report on Friday, December 6th. Scotiabank lifted their target price on K92 Mining Inc. (KNT.V) from C$9.50 to C$10.00 in a research note on Thursday, November 21st. Stifel Nicolaus upped their price target on K92 Mining Inc. (KNT.V) from C$15.00 to C$15.50 in a research note on Monday, October 21st. Cormark lifted their price objective on shares of K92 Mining Inc. (KNT.V) from C$12.50 to C$14.00 in a research report on Friday, October 11th. Finally, BMO Capital Markets boosted their target price on shares of K92 Mining Inc. (KNT.V) from C$12.00 to C$14.00 in a report on Tuesday, October 29th.
About K92 Mining Inc. (KNT.V)
K92 Mining Inc engages in the mining, exploration, and development of mineral deposits in Papua New Guinea. The company produces gold, copper, and silver. Its principal property is the Kainantu property that covers an area of 725 square kilometers located in the Eastern Highlands province. The company is headquartered in Vancouver, Canada.
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