Shares of K92 Mining Inc. (TSE:KNT - Get Free Report) traded up 2.3% during mid-day trading on Tuesday . The stock traded as high as C$15.37 and last traded at C$15.36. 752,343 shares were traded during trading, an increase of 8% from the average session volume of 695,761 shares. The stock had previously closed at C$15.01.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on KNT shares. Stifel Canada raised K92 Mining to a "strong-buy" rating in a report on Wednesday, March 19th. Ventum Cap Mkts upgraded K92 Mining to a "strong-buy" rating in a research report on Friday, May 9th.
Check Out Our Latest Report on K92 Mining
K92 Mining Stock Down 2.1%
The stock has a market capitalization of C$2.53 billion, a price-to-earnings ratio of 33.11 and a beta of 1.07. The company has a quick ratio of 3.15, a current ratio of 2.83 and a debt-to-equity ratio of 12.66. The business's 50-day moving average is C$14.18 and its two-hundred day moving average is C$11.71.
About K92 Mining
(
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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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