K92 Mining Inc. (TSE:KNT - Get Free Report)'s stock price was down 2% during mid-day trading on Friday . The stock traded as low as C$12.46 and last traded at C$12.68. Approximately 413,234 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 671,785 shares. The stock had previously closed at C$12.94.
Analyst Ratings Changes
Several research analysts have recently issued reports on KNT shares. Ventum Cap Mkts upgraded K92 Mining to a "strong-buy" rating in a research note on Friday, May 9th. TD Securities upgraded K92 Mining to a "strong-buy" rating in a research note on Tuesday, February 4th. Finally, Stifel Canada upgraded K92 Mining to a "strong-buy" rating in a research report on Wednesday, March 19th.
Get Our Latest Stock Report on K92 Mining
K92 Mining Stock Performance
The firm has a 50-day moving average of C$12.46 and a two-hundred day moving average of C$10.51. 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 company has a market capitalization of C$2.26 billion, a PE ratio of 29.60 and a beta of 1.07.
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.
Further Reading
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