National Bankshares Raises K92 Mining Inc. (KNT.V) (CVE:KNT) Price Target to C$12.75

K92 Mining Inc. (KNT.V) (CVE:KNTFree Report) had its price target lifted by National Bankshares from C$11.75 to C$12.75 in a research note released on Wednesday morning,BayStreet.CA reports. They currently have a sector perform rating on the stock.

A number of other equities analysts have also commented on KNT. Scotiabank lifted their price target on shares of K92 Mining Inc. (KNT.V) from C$10.00 to C$11.00 in a research report on Wednesday, January 15th. Raymond James lifted their target price on shares of K92 Mining Inc. (KNT.V) from C$11.00 to C$12.00 in a report on Tuesday, January 7th. Finally, Royal Bank of Canada upped their price target on shares of K92 Mining Inc. (KNT.V) from C$12.00 to C$13.00 in a report on Friday, December 6th.

Read Our Latest Research Report on K92 Mining Inc. (KNT.V)

K92 Mining Inc. (KNT.V) Stock Performance

Shares of CVE KNT opened at C$7.99 on Wednesday. The business’s 50-day simple moving average is C$7.99 and its 200-day simple moving average is C$7.99. The company has a debt-to-equity ratio of 4.93, a quick ratio of 2.43 and a current ratio of 3.25. K92 Mining Inc. has a 52 week low of C$1.55 and a 52 week high of C$8.50. The firm has a market cap of C$1.63 billion and a price-to-earnings ratio of 32.48.

Insider Transactions at K92 Mining Inc. (KNT.V)

In other K92 Mining Inc. (KNT.V) news, Senior Officer Christopher James Muller sold 81,100 shares of the firm’s stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of C$9.80, for a total value of C$794,780.00. Also, Director Graham Wheelock sold 42,198 shares of the business’s stock in a transaction that occurred on Friday, December 27th. The shares were sold at an average price of C$8.51, for a total value of C$359,189.38. In the last 90 days, insiders have sold 241,196 shares of company stock worth $2,273,694.

K92 Mining Inc. (KNT.V) Company Profile

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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.

Further Reading

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