K92 Mining Inc. (KNT.V) (CVE:KNT) Price Target Raised to C$14.00

K92 Mining Inc. (KNT.V) (CVE:KNT) had its price target increased by Raymond James from C$12.00 to C$14.00 in a research report sent to investors on Friday morning,BayStreet.CA reports.

A number of other research analysts have also issued reports on KNT. Royal Bank of Canada boosted their price target on shares of K92 Mining Inc. (KNT.V) from C$14.00 to C$15.00 in a research note on Friday. Stifel Nicolaus set a C$17.50 target price on K92 Mining Inc. (KNT.V) and gave the stock a “buy” rating in a research report on Wednesday, March 19th. National Bankshares raised their price target on K92 Mining Inc. (KNT.V) from C$11.75 to C$12.75 and gave the company a “sector perform” rating in a report on Wednesday, March 19th. Finally, Scotiabank upped their price objective on K92 Mining Inc. (KNT.V) from C$10.00 to C$11.00 in a report on Wednesday, January 15th.

K92 Mining Inc. (KNT.V) Price Performance

Shares of CVE KNT opened at C$7.99 on Friday. The stock has a fifty day moving average price of C$7.99 and a 200 day moving average price of C$7.99. K92 Mining Inc. has a 1-year low of C$1.55 and a 1-year high of C$8.50. The company has a debt-to-equity ratio of 4.93, a current ratio of 3.25 and a quick ratio of 2.43. The company has a market cap of C$1.63 billion and a PE ratio of 32.48.

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

In other K92 Mining Inc. (KNT.V) news, 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 value of C$196,200.00. Also, Director John Lewins sold 68,700 shares of the firm’s stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of C$9.79, for a total transaction of C$672,421.86. Insiders sold 203,881 shares of company stock valued at $2,077,725 in the last ninety days.

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.