K92 Mining (TSE:KNT) Rating Increased to Strong-Buy at Stifel Canada

K92 Mining (TSE:KNT) was upgraded by Stifel Canada to a “strong-buy” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

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

K92 Mining Price Performance

Shares of TSE:KNT opened at C$12.06 on Wednesday. K92 Mining has a fifty-two week low of C$6.15 and a fifty-two week high of C$12.11. The business has a 50-day moving average of C$10.12 and a two-hundred day 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. The company has a debt-to-equity ratio of 12.66, a current ratio of 2.83 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.