K92 Mining (OTCMKTS:KNTNF) Trading 2.4% Higher – Here’s What Happened

K92 Mining Inc. (OTCMKTS:KNTNFGet Free Report) shares shot up 2.4% during trading on Tuesday . The company traded as high as $8.59 and last traded at $8.44. 171,652 shares changed hands during trading, an increase of 18% from the average session volume of 144,983 shares. The stock had previously closed at $8.24.

Wall Street Analyst Weigh In

Separately, TD Securities began coverage on K92 Mining in a research note on Tuesday, February 4th. They set a “buy” rating on the stock.

View Our Latest Analysis on K92 Mining

K92 Mining Price Performance

The company’s fifty day moving average is $7.14 and its two-hundred day moving average is $6.60.

K92 Mining Company Profile

(Get Free Report)

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.

Further Reading

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