K92 Mining Inc. (KNT.V) (CVE:KNT) Price Target Raised to C$11.00 at Haywood Securities

K92 Mining Inc. (KNT.V) (CVE:KNTGet Rating) had its price target lifted by Haywood Securities from C$10.00 to C$11.00 in a report published on Thursday, BayStreet.CA reports.

Other analysts have also recently issued reports about the company. National Bankshares boosted 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 research report on Wednesday, August 17th. Eight Capital boosted their price objective on K92 Mining Inc. (KNT.V) from C$12.00 to C$12.80 in a research report on Thursday, August 11th. TD Securities cut their price objective on K92 Mining Inc. (KNT.V) from C$12.00 to C$11.50 and set a buy rating for the company in a research report on Tuesday, September 13th. Scotiabank cut their price objective on K92 Mining Inc. (KNT.V) from C$10.50 to C$10.00 in a research report on Tuesday, September 13th. Finally, Canaccord Genuity Group boosted their price objective on K92 Mining Inc. (KNT.V) from C$11.50 to C$12.00 in a research report on Thursday, May 26th.

K92 Mining Inc. (KNT.V) Price Performance

Shares of KNT stock opened at C$7.99 on Thursday. The stock has a 50 day moving average of C$7.99 and a 200 day moving average of C$7.99. 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 stock has a market cap of C$1.63 billion and a P/E ratio of 32.48. K92 Mining Inc. has a twelve month low of C$1.55 and a twelve month high of C$8.50.

Insiders Place Their Bets

In related news, Director Nan H. Lee acquired 4,000 shares of the stock in a transaction on Thursday, June 30th. The shares were bought at an average price of C$7.95 per share, with a total value of C$31,800.00. Following the completion of the purchase, the director now owns 4,000 shares of the company’s stock, valued at approximately C$31,800.

K92 Mining Inc. (KNT.V) Company Profile

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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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