K92 Mining (TSE:KNT) Upgraded at TD Securities

K92 Mining (TSE:KNT) was upgraded by equities research analysts at TD Securities to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports.

K92 Mining Stock Up 1.0 %

Shares of TSE KNT opened at C$9.97 on Tuesday. The company has a debt-to-equity ratio of 11.19, a current ratio of 2.95 and a quick ratio of 3.15. The company has a 50-day moving average price of C$9.28 and a 200-day moving average price of C$8.59. The stock has a market capitalization of C$2.37 billion, a P/E ratio of 58.65 and a beta of 1.07. K92 Mining has a 1 year low of C$5.27 and a 1 year high of C$10.39.

K92 Mining Company Profile

K92 Mining Inc engages in the mining, exploration, and development of mineral deposits in Papua New Guinea. The company produces gold, copper, and silver. The company's mineral properties include the Kainantu gold mine project that covers an area of approximately 836 square kilometers located in the Eastern Highlands province of Papua New Guinea; and the Blue Lake gold-copper porphyry deposit located in the southwest of the Kora and Judd intrusion.