K92 Mining Inc. (KNT.V) (CVE:KNT) Senior Officer Sells C$328,678.00 in Stock

K92 Mining Inc. (KNT.V) (CVE:KNT) Senior Officer David Gregory Medilek sold 35,000 shares of K92 Mining Inc. (KNT.V) stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of C$9.39, for a total value of C$328,678.00.

K92 Mining Inc. (KNT.V) Stock Performance

Shares of CVE:KNT opened at C$7.99 on Wednesday. The stock has a 50 day moving average of C$7.99 and a 200 day moving average of C$7.99. The company has a market cap of C$1.63 billion and a PE ratio of 32.48. The company has a current ratio of 3.25, a quick ratio of 2.43 and a debt-to-equity ratio of 4.93. K92 Mining Inc. has a 12-month low of C$1.55 and a 12-month high of C$8.50.

Analyst Upgrades and Downgrades

Several research firms recently commented on KNT. BMO Capital Markets lifted their price objective on K92 Mining Inc. (KNT.V) from C$12.00 to C$14.00 in a report on Tuesday, October 29th. Cormark lifted their price objective on K92 Mining Inc. (KNT.V) from C$12.50 to C$14.00 in a report on Friday, October 11th. Royal Bank of Canada boosted their price target on K92 Mining Inc. (KNT.V) from C$12.00 to C$13.00 in a research note on Friday, December 6th. Scotiabank boosted their price target on K92 Mining Inc. (KNT.V) from C$9.50 to C$10.00 in a research note on Thursday, November 21st. Finally, Stifel Nicolaus boosted their price target on K92 Mining Inc. (KNT.V) from C$15.00 to C$15.50 in a research note 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.