K92 Mining Inc. (KNT.V) (CVE:KNT) Senior Officer Nancy Carol La Couvee Sells 100,000 Shares

K92 Mining Inc. (KNT.V) (CVE:KNT) Senior Officer Nancy Carol La Couvee sold 100,000 shares of the firm’s stock in a transaction on Friday, April 26th. The stock was sold at an average price of C$7.69, for a total value of C$768,910.00.

K92 Mining Inc. (KNT.V) Price Performance

Shares of CVE:KNT opened at C$7.99 on Friday. The company has a current ratio of 3.25, a quick ratio of 2.43 and a debt-to-equity ratio of 4.93. K92 Mining Inc. has a 1 year low of C$1.55 and a 1 year high of C$8.50. The business has a fifty day simple moving average of C$7.99 and a 200 day simple moving average of C$7.99. The firm has a market cap of C$1.63 billion and a price-to-earnings ratio of 32.48.

Analyst Ratings Changes

Several research firms have recently weighed in on KNT. Pi Financial raised their price objective on K92 Mining Inc. (KNT.V) from C$11.00 to C$13.00 in a research note on Wednesday, March 6th. Raymond James raised their price objective on K92 Mining Inc. (KNT.V) from C$8.25 to C$9.00 in a research note on Tuesday, April 23rd. National Bankshares reduced their price objective on K92 Mining Inc. (KNT.V) from C$9.25 to C$8.50 in a research note on Monday, February 26th. Stifel Nicolaus raised their target price on K92 Mining Inc. (KNT.V) from C$10.00 to C$11.00 in a research report on Wednesday, April 3rd. Finally, Canaccord Genuity Group raised their target price on K92 Mining Inc. (KNT.V) from C$8.50 to C$9.25 in a research report on Tuesday, April 23rd. Seven investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, K92 Mining Inc. (KNT.V) presently has an average rating of “Buy” and a consensus target price of C$9.98.

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.