Insider Selling: K92 Mining Inc. (KNT.V) (CVE:KNT) Senior Officer Sells 18,900 Shares of Stock

K92 Mining Inc. (KNT.V) (CVE:KNT) Senior Officer Christopher James Muller sold 18,900 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of C$9.80, for a total value of C$185,220.00.

K92 Mining Inc. (KNT.V) Price Performance

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

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. BMO Capital Markets raised their target price on K92 Mining Inc. (KNT.V) from C$12.00 to C$14.00 in a report on Tuesday, October 29th. Stifel Nicolaus upped their price objective on K92 Mining Inc. (KNT.V) from C$15.00 to C$15.50 in a report on Monday, October 21st. Scotiabank boosted their price objective on K92 Mining Inc. (KNT.V) from C$9.50 to C$10.00 in a research note on Thursday, November 21st. 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. Finally, Eight Capital boosted 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.

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.