K92 Mining Inc. (TSE:KNT – Get Free Report) shares reached 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 changing hands. The stock had previously closed at C$8.65.
K92 Mining Stock Up 2.6 %
The company has a market capitalization of C$2.44 billion, a PE ratio of 60.53 and a beta of 1.07. The company has a current ratio of 2.95, a quick ratio of 3.15 and a debt-to-equity ratio of 11.19. The firm has a 50 day simple moving average of C$8.98 and a two-hundred day simple moving average of C$8.36.
About K92 Mining
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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