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K92 Mining (TSE:KNT) Sets New 52-Week High - Time to Buy?

K92 Mining logo with Basic Materials background

K92 Mining Inc. (TSE:KNT - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as C$15.05 and last traded at C$14.91, with a volume of 233084 shares changing hands. The stock had previously closed at C$14.25.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Ventum Cap Mkts raised shares of K92 Mining to a "strong-buy" rating in a research report on Friday, May 9th. Stifel Canada raised shares of K92 Mining to a "strong-buy" rating in a research report on Wednesday, March 19th.

Read Our Latest Stock Analysis on KNT

K92 Mining Price Performance

The company has a debt-to-equity ratio of 12.66, a current ratio of 2.83 and a quick ratio of 3.15. The firm has a market cap of C$2.63 billion, a price-to-earnings ratio of 34.45 and a beta of 1.07. The business's 50-day moving average price is C$12.89 and its two-hundred day moving average price is C$10.87.

About K92 Mining

(Get Free Report)

K92 Mining Inc engages in the mining, exploration, and development of mineral deposits in Papua New Guinea. The company produces gold, copper, and silver. The company's mineral properties include the Kainantu gold mine project that covers an area of approximately 836 square kilometers located in the Eastern Highlands province of Papua New Guinea; and the Blue Lake gold-copper porphyry deposit located in the southwest of the Kora and Judd intrusion.

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