K92 Mining Inc. (OTCMKTS:KNTNF) Sees Significant Drop in Short Interest

K92 Mining Inc. (OTCMKTS:KNTNF) was the target of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 10,608,200 shares, a decline of 9.8% from the October 31st total of 11,759,200 shares. Based on an average trading volume of 246,000 shares, the days-to-cover ratio is currently 43.1 days.

K92 Mining Stock Up 0.2 %

KNTNF stock traded up $0.01 during trading on Monday, hitting $6.45. 16,100 shares of the company’s stock traded hands, compared to its average volume of 120,660. K92 Mining has a 52 week low of $3.88 and a 52 week high of $7.17. The stock has a fifty day moving average price of $6.40 and a two-hundred day moving average price of $5.91.

K92 Mining 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. The company's mineral properties include the Kainantu gold mine project that covers an area of approximately 836 square kilometers located in the Eastern Highlands province of Papua New Guinea; and the Blue Lake gold-copper porphyry deposit located in the southwest of the Kora and Judd intrusion.