K92 Mining Inc. (KNT.V) (CVE:KNT) Given Average Recommendation of “Buy” by Analysts

Shares of K92 Mining Inc. (KNT.V) (CVE:KNTGet Free Report) have received a consensus rating of “Buy” from the eight analysts that are covering the company, Marketbeat Ratings reports. Seven analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is C$10.00.

Several equities research analysts recently commented on the company. Cormark decreased their target price on K92 Mining Inc. (KNT.V) from C$14.00 to C$11.00 and set a “top pick” rating for the company in a research note on Friday, October 13th. Stifel Nicolaus reduced their price objective on K92 Mining Inc. (KNT.V) from C$13.00 to C$12.00 in a research note on Wednesday, November 15th. National Bankshares reduced their price objective on K92 Mining Inc. (KNT.V) from C$10.00 to C$9.75 and set an “outperform” rating for the company in a research note on Monday, November 27th. Raymond James raised their price objective on K92 Mining Inc. (KNT.V) from C$7.75 to C$8.25 in a research note on Friday, January 12th. Finally, TD Securities reduced their price objective on K92 Mining Inc. (KNT.V) from C$10.00 to C$9.50 and set a “buy” rating for the company in a research note on Wednesday, November 15th.

Get Our Latest Analysis on KNT

K92 Mining Inc. (KNT.V) Stock Performance

CVE KNT opened at C$7.99 on Friday. The business has a 50 day simple moving average of C$7.99 and a 200 day simple moving average of C$7.99. K92 Mining Inc. has a one year low of C$1.55 and a one year high of C$8.50. The stock has a market capitalization of C$1.63 billion and a P/E ratio of 32.48. The company has a debt-to-equity ratio of 4.93, a current ratio of 3.25 and a quick ratio of 2.43.

Insider Activity

In other news, Director Cyndi Dianna Laval sold 7,268 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of C$5.38, for a total value of C$39,101.84.

K92 Mining Inc. (KNT.V) Company Profile

(Get Free Report

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.

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Analyst Recommendations for K92 Mining Inc. (KNT.V) (CVE:KNT)

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