K92 Mining Inc. (KNT.V) (CVE:KNT) Price Target Raised to C$14.00 at BMO Capital Markets

K92 Mining Inc. (KNT.V) (CVE:KNT) had its price target lifted by BMO Capital Markets from C$12.00 to C$14.00 in a research note issued to investors on Tuesday, BayStreet.CA reports.

Several other research firms also recently commented on KNT. Scotiabank lifted their price target on shares of K92 Mining Inc. (KNT.V) from C$9.00 to C$9.50 and gave the stock an “outperform” rating in a research note on Thursday, October 17th. Canaccord Genuity Group boosted their price target on shares of K92 Mining Inc. (KNT.V) from C$9.25 to C$10.00 in a research note on Tuesday, July 23rd. Cormark increased their price target on shares of K92 Mining Inc. (KNT.V) from C$12.50 to C$14.00 in a research report on Friday, October 11th. Eight Capital boosted their target price on K92 Mining Inc. (KNT.V) from C$14.00 to C$16.00 in a research note on Thursday, October 17th. Finally, Stifel Nicolaus raised their price target on K92 Mining Inc. (KNT.V) from C$15.00 to C$15.50 in a research note on Monday, October 21st. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of C$11.80.

K92 Mining Inc. (KNT.V) Price Performance

KNT opened at C$7.99 on Tuesday. 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 stock has a market capitalization of C$1.63 billion and a P/E ratio of 32.48. The stock has a 50-day moving average price of C$7.99 and a 200-day moving average price of C$7.99. K92 Mining Inc. has a 12-month low of C$1.55 and a 12-month high of C$8.50.

Insider Buying and Selling at K92 Mining Inc. (KNT.V)

In other K92 Mining Inc. (KNT.V) news, insider L1 Capital Pty Ltd. sold 44,698 shares of the company’s stock in a transaction dated Monday, September 30th. The stock was sold at an average price of C$7.82, for a total value of C$349,538.36.

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.