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 target price hoisted by Haywood Securities from C$10.00 to C$11.00 in a research report report published on Thursday morning, BayStreet.CA reports.

KNT has been the subject of several other reports. National Bankshares lifted their price target 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 lifted their price target on K92 Mining Inc. (KNT.V) from C$12.00 to C$12.80 in a research report on Thursday, August 11th. Canaccord Genuity Group lifted their price target on K92 Mining Inc. (KNT.V) from C$11.50 to C$12.00 in a research report on Thursday, May 26th. Scotiabank reduced their price target on K92 Mining Inc. (KNT.V) from C$10.50 to C$10.00 in a research report on Tuesday, September 13th. Finally, TD Securities reduced their price target 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.

K92 Mining Inc. (KNT.V) Stock Performance

K92 Mining Inc. (KNT.V) stock opened at C$7.99 on Thursday. The company has a quick ratio of 2.43, a current ratio of 3.25 and a debt-to-equity ratio of 4.93. K92 Mining Inc. has a 52 week low of C$1.55 and a 52 week high of C$8.50. The company has a market capitalization of C$1.63 billion and a price-to-earnings ratio of 32.48. The stock has a 50-day moving average price of C$7.99 and a 200 day moving average price of C$7.99.

Insider Activity

In other news, Director Nan H. Lee purchased 4,000 shares of the company’s stock in a transaction that occurred on Thursday, June 30th. The stock was purchased at an average cost of C$7.95 per share, for a total transaction of C$31,800.00. Following the completion of the transaction, the director now owns 4,000 shares of the company’s stock, valued at C$31,800.

About K92 Mining Inc. (KNT.V)

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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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