Insider Selling: K92 Mining Inc. (KNT.V) (CVE:KNT) Director Sells 29,198 Shares of Stock

K92 Mining Inc. (KNT.V) (CVE:KNT) Director Mark Price Eaton sold 29,198 shares of K92 Mining Inc. (KNT.V) stock in a transaction on Monday, January 6th. The stock was sold at an average price of C$8.60, for a total value of C$251,102.80.

Mark Price Eaton also recently made the following trade(s):

• On Wednesday, December 4th, Mark Price Eaton sold 40,000 shares of K92 Mining Inc. (KNT.V) stock. The shares were sold at an average price of C$9.42, for a total value of C$376,600.00.
• On Friday, November 29th, Mark Price Eaton sold 10,000 shares of K92 Mining Inc. (KNT.V) stock. The stock was sold at an average price of C$9.16, for a total value of C$91,600.00.

K92 Mining Inc. (KNT.V) Stock Performance

Shares of CVE:KNT opened at C$7.99 on Wednesday. K92 Mining Inc. has a 12-month low of C$1.55 and a 12-month high of C$8.50. The company has a quick ratio of 2.43, a current ratio of 3.25 and a debt-to-equity ratio of 4.93. The firm has a market capitalization of C$1.63 billion and a P/E ratio of 32.48. The firm has a fifty day moving average of C$7.99 and a two-hundred day moving average of C$7.99.

Analysts Set New Price Targets

Several research analysts have recently weighed in on KNT shares. Eight Capital lifted their target price on shares of K92 Mining Inc. (KNT.V) from C$14.00 to C$16.00 in a research report on Thursday, October 17th. Cormark lifted their price objective on shares of K92 Mining Inc. (KNT.V) from C$12.50 to C$14.00 in a research report on Friday, October 11th. Royal Bank of Canada boosted their target price on shares of K92 Mining Inc. (KNT.V) from C$12.00 to C$13.00 in a research note on Friday, December 6th. Raymond James raised their target price on K92 Mining Inc. (KNT.V) from C$11.00 to C$12.00 in a research report on Tuesday. Finally, Scotiabank upped their price target on K92 Mining Inc. (KNT.V) from C$9.50 to C$10.00 in a research report on Thursday, November 21st.

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.