K92 Mining Inc. (TSE:KNT – Get Free Report)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as C$9.96 and last traded at C$9.94, with a volume of 421931 shares trading hands. The stock had previously closed at C$8.65.
K92 Mining Price Performance
The business’s 50-day simple moving average is C$8.96 and its two-hundred day simple moving average is C$8.33. The stock has a market cap of C$2.36 billion, a price-to-earnings ratio of 58.47 and a beta of 1.07. The company has a debt-to-equity ratio of 11.19, a current ratio of 2.95 and a quick ratio of 3.15.
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.
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