K92 Mining Inc. (TSE:KNT - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as C$14.10 and last traded at C$14.02, with a volume of 194682 shares changing hands. The stock had previously closed at C$13.99.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on the stock. Ventum Cap Mkts upgraded shares of K92 Mining to a "strong-buy" rating in a report on Friday, May 9th. TD Securities upgraded shares of K92 Mining to a "strong-buy" rating in a research note on Tuesday, February 4th. Finally, Stifel Canada upgraded shares of K92 Mining to a "strong-buy" rating in a research note on Wednesday, March 19th.
Get Our Latest Analysis on KNT
K92 Mining Stock Performance
The company has a debt-to-equity ratio of 12.66, a quick ratio of 3.15 and a current ratio of 2.83. The stock has a market cap of C$2.35 billion, a P/E ratio of 30.79 and a beta of 1.07. The firm's 50 day moving average is C$12.63 and its 200 day moving average is C$10.65.
K92 Mining 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. 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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