National Bank Financial upgraded shares of K92 Mining (TSE:KNT - Free Report) to a strong-buy rating in a research note published on Wednesday,Zacks.com reports.
Other equities research analysts also recently issued research reports about the stock. Ventum Cap Mkts upgraded shares of K92 Mining to a "strong-buy" rating in a research note on Friday, May 9th. Stifel Canada upgraded shares of K92 Mining to a "strong-buy" rating in a research note on Wednesday, March 19th.
View Our Latest Report on KNT
K92 Mining Price Performance
Shares of K92 Mining stock remained flat at C$15.02 during midday trading on Wednesday. 713,359 shares of the stock traded hands, compared to its average volume of 700,202. The company's fifty day moving average price is C$14.58 and its 200 day moving average price is C$12.04. The company has a market cap of C$2.53 billion, a PE ratio of 33.08 and a beta of 1.07. The company has a current ratio of 2.83, a quick ratio of 3.15 and a debt-to-equity ratio of 12.66. K92 Mining has a twelve month low of C$6.83 and a twelve month high of C$16.22.
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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