K92 Mining (CVE:KNT) Reaches New 52-Week High at $2.15
K92 Mining Inc (CVE:KNT)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as C$2.15 and last traded at C$2.14, with a volume of 753592 shares trading hands. The stock had previously closed at C$2.02.
Separately, Pi Financial increased their price target on Wesdome Gold Mines from C$4.10 to C$4.30 in a research note on Monday, March 25th.
The firm’s fifty day moving average price is C$1.81. The company has a debt-to-equity ratio of 6.58, a current ratio of 2.13 and a quick ratio of 1.35. The stock has a market capitalization of $392.41 million and a price-to-earnings ratio of 10.48.
In other news, Director Mark Price Eaton sold 90,000 shares of the stock in a transaction dated Wednesday, May 22nd. The stock was sold at an average price of C$1.54, for a total value of C$138,600.00. Following the transaction, the director now directly owns -40,000 shares of the company’s stock, valued at C($61,600). Also, Director Graham Wheelock sold 22,500 shares of the stock in a transaction dated Thursday, April 25th. The shares were sold at an average price of C$1.48, for a total value of C$33,300.00. Following the completion of the transaction, the director now directly owns -22,500 shares in the company, valued at C($33,300).
K92 Mining Company Profile (CVE:KNT)
K92 Mining Inc engages in the exploration, development, and mining of mineral deposits in Papua New Guinea. The company produces gold, copper, and silver concentrates. Its principal property is the Kainantu gold mine that includes the Irumafimpa and Kora deposits covering an area of approximately 410 square kilometers located in the Eastern Highlands province.
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