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K92 Mining (TSE:KNT) Hits New 1-Year High - What's Next?

K92 Mining logo with Basic Materials background

K92 Mining Inc. (TSE:KNT - Get Free Report)'s share price hit a new 52-week high on Tuesday . The company traded as high as C$16.07 and last traded at C$15.48, with a volume of 159144 shares changing hands. The stock had previously closed at C$15.67.

Wall Street Analyst Weigh In

KNT has been the subject of a number of research reports. Stifel Canada upgraded K92 Mining to a "strong-buy" rating in a research report on Wednesday, March 19th. Ventum Cap Mkts upgraded shares of K92 Mining to a "strong-buy" rating in a research report on Friday, May 9th.

View Our Latest Research Report on KNT

K92 Mining Stock 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 stock has a market capitalization of C$2.60 billion, a PE ratio of 33.97 and a beta of 1.07. The firm has a fifty day moving average price of C$13.17 and a two-hundred day moving average price of C$11.06.

About K92 Mining

(Get Free Report)

K92 Mining Inc owns and operates the high-grade Kainantu Gold Mine in Papua New Guinea which is currently operating at a design annualized production rate of approximately 120,000 oz AuEq per annum and is expected to produce at a run-rate of +300,000 oz AuEq per annum following its Stage 3 Expansion.

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