K92 Mining Inc. (KNT.V) (CVE:KNT) Senior Officer Sells C$196,200.00 in Stock

K92 Mining Inc. (KNT.V) (CVE:KNT) Senior Officer Nancy Carol La Couvee sold 20,000 shares of the company’s stock in a transaction dated Monday, January 20th. The shares were sold at an average price of C$9.81, for a total transaction of C$196,200.00.

K92 Mining Inc. (KNT.V) Price Performance

Shares of KNT remained flat at C$7.99 during midday trading on Tuesday. The stock had a trading volume of 337,797 shares, compared to its average volume of 1,128,356. The firm has a fifty day moving average of C$7.99 and a 200 day moving average of C$7.99. The stock has a market capitalization of C$1.63 billion and a P/E ratio of 32.48. 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 current ratio of 3.25, a quick ratio of 2.43 and a debt-to-equity ratio of 4.93.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on KNT shares. Scotiabank upped their price objective on K92 Mining Inc. (KNT.V) from C$10.00 to C$11.00 in a research note on Wednesday, January 15th. Stifel Nicolaus increased 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. Royal Bank of Canada lifted their price objective on shares of K92 Mining Inc. (KNT.V) from C$12.00 to C$13.00 in a research report on Friday, December 6th. Eight Capital increased their price objective on shares of K92 Mining Inc. (KNT.V) from C$14.00 to C$16.00 in a research report on Thursday, October 17th. Finally, Cormark upped their price target on shares of K92 Mining Inc. (KNT.V) from C$12.50 to C$14.00 in a research note on Friday, October 11th.

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.