K92 Mining Inc. (KNT.V) (CVE:KNT) Senior Officer Sells C$328,678.00 in Stock

K92 Mining Inc. (KNT.V) (CVE:KNT) Senior Officer David Gregory Medilek sold 35,000 shares of the firm’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of C$9.39, for a total value of C$328,678.00.

K92 Mining Inc. (KNT.V) Price Performance

KNT opened at C$7.99 on Wednesday. The stock has a 50-day moving average price of C$7.99 and a 200-day moving average price of C$7.99. The company has a debt-to-equity ratio of 4.93, a current ratio of 3.25 and a quick ratio of 2.43. The firm has a market cap of C$1.63 billion and a PE ratio of 32.48. K92 Mining Inc. has a 1 year low of C$1.55 and a 1 year high of C$8.50.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Eight Capital raised their price objective on K92 Mining Inc. (KNT.V) from C$14.00 to C$16.00 in a research report on Thursday, October 17th. Royal Bank of Canada raised their price objective on K92 Mining Inc. (KNT.V) from C$12.00 to C$13.00 in a research report on Friday, December 6th. Scotiabank raised their price objective on K92 Mining Inc. (KNT.V) from C$9.50 to C$10.00 in a research report on Thursday, November 21st. Cormark raised their price objective on K92 Mining Inc. (KNT.V) from C$12.50 to C$14.00 in a research report on Friday, October 11th. Finally, Stifel Nicolaus raised their price objective on K92 Mining Inc. (KNT.V) from C$15.00 to C$15.50 in a research 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.