K92 Mining Inc. (TSE:KNT - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$7.74 and last traded at C$7.68, with a volume of 530416 shares. The stock had previously closed at C$7.44.
Analyst Upgrades and Downgrades
Separately, Pi Financial reiterated a "buy" rating on shares of K92 Mining in a research note on Wednesday, March 6th.
Get Our Latest Stock Report on K92 Mining
K92 Mining Stock Up 3.4 %
The company has a debt-to-equity ratio of 1.36, a current ratio of 3.08 and a quick ratio of 3.15. The firm has a market capitalization of C$1.81 billion, a P/E ratio of 40.47 and a beta of 1.05. The company's 50-day simple moving average is C$6.63 and its two-hundred day simple moving average is C$6.19.
K92 Mining (TSE:KNT - Get Free Report) last released its quarterly earnings results on Monday, April 1st. The company reported C$0.12 earnings per share for the quarter. The business had revenue of C$102.55 million for the quarter, compared to the consensus estimate of C$88.22 million. K92 Mining had a net margin of 16.56% and a return on equity of 10.05%. As a group, research analysts expect that K92 Mining Inc. will post 0.1494515 earnings per share for the current year.
About K92 Mining
(
Get Free Report)
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
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider K92 Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and K92 Mining wasn't on the list.
While K92 Mining currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
