K92 Mining Inc. (KNT.V) (CVE:KNT) Price Target Increased to C$9.25 by Analysts at Canaccord Genuity Group

K92 Mining Inc. (KNT.V) (CVE:KNT) had its price target boosted by Canaccord Genuity Group from C$8.50 to C$9.25 in a research note released on Tuesday, BayStreet.CA reports.

Several other analysts have also commented on the stock. National Bankshares dropped their price target on shares of K92 Mining Inc. (KNT.V) from C$9.25 to C$8.50 in a research report on Monday, February 26th. Stifel Nicolaus raised their price target on shares of K92 Mining Inc. (KNT.V) from C$10.00 to C$11.00 in a research report on Wednesday, April 3rd. Pi Financial raised their price target on shares of K92 Mining Inc. (KNT.V) from C$11.00 to C$13.00 in a research report on Wednesday, March 6th. Finally, Raymond James increased their price objective on shares of K92 Mining Inc. (KNT.V) from C$8.25 to C$9.00 in a report on Tuesday. Seven analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of Buy and an average price target of C$9.98.

K92 Mining Inc. (KNT.V) Price Performance

KNT stock opened at C$7.99 on Tuesday. The firm has a market cap of C$1.63 billion and a PE ratio of 32.48. The company has a debt-to-equity ratio of 4.93, a quick ratio of 2.43 and a current ratio of 3.25. The firm’s fifty day moving average is C$7.99 and its 200 day moving average is C$7.99. K92 Mining Inc. has a one year low of C$1.55 and a one year high of C$8.50.

Insider Buying and Selling at K92 Mining Inc. (KNT.V)

In other K92 Mining Inc. (KNT.V) news, Senior Officer Nancy Carol La Couvee sold 100,000 shares of the stock in a transaction on Friday, April 26th. The shares were sold at an average price of C$7.69, for a total transaction of C$768,910.00. In other news, Senior Officer Nancy Carol La Couvee sold 100,000 shares of the firm’s stock in a transaction dated Friday, April 26th. The shares were sold at an average price of C$7.69, for a total value of C$768,910.00. Also, Senior Officer David Gregory Medilek sold 175,000 shares of the firm’s stock in a transaction dated Tuesday, April 23rd. The stock was sold at an average price of C$7.48, for a total transaction of C$1,309,227.50. Insiders have sold a total of 364,240 shares of company stock valued at $2,748,330 over the last ninety days.

About K92 Mining Inc. (KNT.V)

K92 Mining Inc engages in the mining, exploration, and development of mineral deposits in Papua New Guinea. The company produces gold, copper, and silver. Its principal property is the Kainantu property that covers an area of 725 square kilometers located in the Eastern Highlands province. The company is headquartered in Vancouver, Canada.