K92 Mining Inc. (KNT.V) (CVE:KNT) PT Raised to C$13.75 at Stifel Nicolaus

K92 Mining Inc. (KNT.V) (CVE:KNT) had its price target increased by Stifel Nicolaus from C$11.50 to C$13.75 in a research report released on Friday morning, BayStreet.CA reports. The firm currently has a buy rating on the stock.

KNT has been the topic of a number of other reports. Canaccord Genuity Group boosted their target price on K92 Mining Inc. (KNT.V) from C$8.50 to C$9.25 in a report on Tuesday, April 23rd. Raymond James increased their target price on shares of K92 Mining Inc. (KNT.V) from C$8.25 to C$9.00 in a research report on Tuesday, April 23rd. Scotiabank boosted their price target on K92 Mining Inc. (KNT.V) from C$8.75 to C$9.00 in a research note on Thursday, May 23rd. National Bankshares lowered K92 Mining Inc. (KNT.V) from an outperform rating to a sector perform rating and raised their price objective for the stock from C$9.00 to C$9.25 in a research note on Thursday, May 16th. Finally, Pi Financial upped their target price on K92 Mining Inc. (KNT.V) from C$11.00 to C$13.00 in a research report on Wednesday, March 6th. One research analyst has rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of Buy and an average price target of C$10.38.

K92 Mining Inc. (KNT.V) Price Performance

Shares of KNT opened at C$7.99 on Friday. The company has a current ratio of 3.25, a quick ratio of 2.43 and a debt-to-equity ratio of 4.93. The company’s fifty day simple moving average is C$7.99 and its 200 day simple moving average is 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 market cap of C$1.63 billion and a price-to-earnings ratio of 32.48.

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

In related news, Director Saurabh Handa sold 89,240 shares of the stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of C$7.51, for a total transaction of C$670,192.40. In other K92 Mining Inc. (KNT.V) news, Director Saurabh Handa sold 89,240 shares of the business’s stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of C$7.51, for a total transaction of C$670,192.40. Also, Senior Officer Nancy Carol La Couvee sold 100,000 shares of the firm’s stock in a transaction dated Friday, April 26th. The shares were sold at an average price of C$7.69, for a total transaction of C$768,910.00. Insiders have sold a total of 589,240 shares of company stock worth $4,473,405 in the last 90 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.