Insider Selling: K92 Mining Inc. (KNT.V) (CVE:KNT) Director Sells C$91,600.00 in Stock

K92 Mining Inc. (KNT.V) (CVE:KNT) Director Mark Price Eaton sold 10,000 shares of the firm’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of C$9.16, for a total value of C$91,600.00.

K92 Mining Inc. (KNT.V) Price Performance

CVE KNT opened at C$7.99 on Monday. K92 Mining Inc. has a 1 year low of C$1.55 and a 1 year high of C$8.50. The stock has a market capitalization of C$1.63 billion and a PE ratio of 32.48. The company has a debt-to-equity ratio of 4.93, a current ratio of 3.25 and a quick ratio of 2.43. The business’s 50-day moving average is C$7.99 and its 200 day moving average is C$7.99.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Scotiabank increased their price target on shares of K92 Mining Inc. (KNT.V) from C$9.50 to C$10.00 in a research report on Thursday, November 21st. Eight Capital boosted their price target on shares of K92 Mining Inc. (KNT.V) from C$14.00 to C$16.00 in a research note on Thursday, October 17th. Cormark upped their price target on shares of K92 Mining Inc. (KNT.V) from C$12.50 to C$14.00 in a research report on Friday, October 11th. BMO Capital Markets boosted their target price on K92 Mining Inc. (KNT.V) from C$12.00 to C$14.00 in a research note on Tuesday, October 29th. Finally, Stifel Nicolaus raised their price target on K92 Mining Inc. (KNT.V) from C$15.00 to C$15.50 in a research report on Monday, October 21st.

K92 Mining Inc. (KNT.V) Company Profile

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.