K92 Mining Inc. (OTCMKTS:KNTNF) Sees Large Increase in Short Interest

K92 Mining Inc. (OTCMKTS:KNTNF) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 8,780,100 shares, a growth of 10.0% from the March 15th total of 7,981,600 shares. Based on an average daily volume of 246,300 shares, the days-to-cover ratio is presently 35.6 days.

K92 Mining Price Performance

KNTNF opened at $5.46 on Wednesday. K92 Mining has a one year low of $3.35 and a one year high of $5.62. The company’s 50 day simple moving average is $4.77 and its 200-day simple moving average is $4.51.

K92 Mining 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. 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.