Several other equities research analysts also recently weighed in on KNT. Canaccord Genuity Group upped their price target on K92 Mining Inc. (KNT.V) from C$11.50 to C$12.00 in a report on Thursday, May 26th. Scotiabank dropped their price objective on K92 Mining Inc. (KNT.V) from C$10.50 to C$10.00 in a report on Tuesday, September 13th. TD Securities dropped their price objective on K92 Mining Inc. (KNT.V) from C$12.00 to C$11.50 and set a buy rating on the stock in a report on Tuesday, September 13th. National Bankshares increased their price objective on K92 Mining Inc. (KNT.V) from C$10.50 to C$10.75 and gave the company an outperform rating in a report on Wednesday, August 17th. Finally, Eight Capital upped their target price on K92 Mining Inc. (KNT.V) from C$12.00 to C$12.80 in a research report on Thursday, August 11th.
K92 Mining Inc. (KNT.V) Price Performance
Shares of CVE KNT opened at C$7.99 on Thursday. The stock’s 50-day moving average is C$7.99 and its two-hundred day moving average is 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. K92 Mining Inc. has a 1-year low of C$1.55 and a 1-year high of C$8.50. The company has a market cap of C$1.63 billion and a price-to-earnings ratio of 32.48.
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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.
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