K92 Mining Inc. (KNT.V) (CVE:KNT) Given New C$11.00 Price Target at Scotiabank

K92 Mining Inc. (KNT.V) (CVE:KNT) had its target price hoisted by Scotiabank from C$10.00 to C$11.00 in a research note published on Wednesday,BayStreet.CA reports.

Other analysts also recently issued research reports about the stock. Eight Capital upped their price target on shares of K92 Mining Inc. (KNT.V) from C$14.00 to C$16.00 in a report on Thursday, October 17th. Royal Bank of Canada upped their price target on shares of K92 Mining Inc. (KNT.V) from C$12.00 to C$13.00 in a report on Friday, December 6th. Cormark upped their price target on shares of K92 Mining Inc. (KNT.V) from C$12.50 to C$14.00 in a report on Friday, October 11th. BMO Capital Markets upped their price target on shares of K92 Mining Inc. (KNT.V) from C$12.00 to C$14.00 in a report on Tuesday, October 29th. Finally, Stifel Nicolaus upped their price target on shares of K92 Mining Inc. (KNT.V) from C$15.00 to C$15.50 in a report on Monday, October 21st.

K92 Mining Inc. (KNT.V) Price Performance

KNT stock opened at C$7.99 on Wednesday. The company has a market cap of C$1.63 billion and a P/E ratio of 32.48. K92 Mining Inc. has a 52 week low of C$1.55 and a 52 week high of C$8.50. The company’s 50-day moving average price is C$7.99 and its 200 day moving average price is C$7.99. The company has a current ratio of 3.25, a quick ratio of 2.43 and a debt-to-equity ratio of 4.93.

Insider Transactions at K92 Mining Inc. (KNT.V)

In other K92 Mining Inc. (KNT.V) news, Director Saurabh Handa sold 21,459 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of C$9.63, for a total transaction of C$206,542.88. Also, Director Mark Price Eaton sold 29,198 shares of the firm’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of C$8.60, for a total transaction of C$251,102.80. In the last three months, insiders have sold 196,755 shares of company stock worth $1,798,933.

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.