K92 Mining Inc. (KNT.V) (CVE:KNT) Given a C$10.00 Price Target by Raymond James Analysts

Raymond James set a C$10.00 price target on K92 Mining Inc. (KNT.V) (CVE:KNT) in a report released on Wednesday, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Separately, National Bankshares upped their price objective on shares of K92 Mining Inc. (KNT.V) from C$11.75 to C$12.50 in a research report on Friday, January 7th.

KNT stock opened at C$7.99 on Wednesday. The company has a current ratio of 3.25, a quick ratio of 2.43 and a debt-to-equity ratio of 4.93. The company’s 50 day moving average is C$7.99 and its 200 day moving average is C$7.99. The stock has a market cap of C$1.63 billion and a price-to-earnings ratio of 32.48. K92 Mining Inc. has a 1-year low of C$1.55 and a 1-year high of C$8.50.

In other K92 Mining Inc. (KNT.V) news, Senior Officer Justin Blanchet sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, October 25th. The stock was sold at an average price of C$6.98, for a total value of C$104,700.00. Following the completion of the sale, the insider now owns 10,000 shares of the company’s stock, valued at C$69,800.

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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