K92 Mining Inc. (KNT.V) (CVE:KNT) Director Sells C$91,600.00 in Stock

K92 Mining Inc. (KNT.V) (CVE:KNT) Director Mark Price Eaton sold 10,000 shares of the stock in a transaction on Friday, November 29th. The stock was sold at an average price of C$9.16, for a total transaction of C$91,600.00.

K92 Mining Inc. (KNT.V) Price Performance

CVE:KNT opened at C$7.99 on Friday. K92 Mining Inc. has a twelve month low of C$1.55 and a twelve month high of C$8.50. The firm has a market capitalization of C$1.63 billion and a price-to-earnings ratio of 32.48. 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 stock’s 50 day moving average price is C$7.99 and its two-hundred day moving average price is C$7.99.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on KNT shares. Scotiabank increased their target price on K92 Mining Inc. (KNT.V) from C$9.50 to C$10.00 in a report on Thursday, November 21st. Eight Capital increased their price objective on K92 Mining Inc. (KNT.V) from C$14.00 to C$16.00 in a report on Thursday, October 17th. Cormark boosted their target price on K92 Mining Inc. (KNT.V) from C$12.50 to C$14.00 in a research note on Friday, October 11th. BMO Capital Markets raised their price target on shares of K92 Mining Inc. (KNT.V) from C$12.00 to C$14.00 in a research note on Tuesday, October 29th. Finally, Stifel Nicolaus lifted their price objective on shares of K92 Mining Inc. (KNT.V) from C$15.00 to C$15.50 in a report on Monday, October 21st.

K92 Mining Inc. (KNT.V) 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. 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.