K92 Mining (TSE:KNT) Upgraded to “Strong-Buy” at Stifel Canada

Stifel Canada upgraded shares of K92 Mining (TSE:KNT) to a strong-buy rating in a report issued on Wednesday,Zacks.com reports.

Separately, TD Securities raised shares of K92 Mining to a “strong-buy” rating in a research note on Tuesday, February 4th.

K92 Mining Stock Up 0.6 %

Shares of TSE:KNT opened at C$12.06 on Wednesday. The stock has a 50-day simple moving average of C$10.12 and a 200-day simple moving average of C$9.20. The stock has a market capitalization of C$2.03 billion, a P/E ratio of 26.56 and a beta of 1.07. K92 Mining has a 1 year low of C$6.15 and a 1 year high of C$12.11. The company has a debt-to-equity ratio of 12.66, a quick ratio of 3.15 and a current ratio of 2.83.

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.