K92 Mining Inc. (KNT.V) (CVE:KNT) Given New C$19.00 Price Target at Stifel Nicolaus

K92 Mining Inc. (KNT.V) (CVE:KNT) had its price objective boosted by investment analysts at Stifel Nicolaus from C$17.50 to C$19.00 in a research report issued on Monday,BayStreet.CA reports. Stifel Nicolaus’ price target points to a potential upside of 137.80% from the company’s previous close.

Several other equities analysts also recently weighed in on the stock. Scotiabank raised their price target on shares of K92 Mining Inc. (KNT.V) from C$10.00 to C$11.00 in a research note on Wednesday, January 15th. Royal Bank of Canada raised their price target on shares of K92 Mining Inc. (KNT.V) from C$14.00 to C$15.00 in a research report on Friday, April 4th. Raymond James raised their price objective on shares of K92 Mining Inc. (KNT.V) from C$12.00 to C$14.00 in a report on Friday, April 4th. Finally, National Bankshares raised their price objective on shares of K92 Mining Inc. (KNT.V) from C$11.75 to C$12.75 and gave the stock a “sector perform” rating in a report on Wednesday, March 19th.

K92 Mining Inc. (KNT.V) Price Performance

Shares of CVE:KNT remained flat at C$7.99 during trading on Monday. The stock had a trading volume of 337,797 shares, compared to its average volume of 1,128,356. The firm has a market capitalization of C$1.63 billion and a PE ratio of 32.48. K92 Mining Inc. has a 1 year low of C$1.55 and a 1 year high of C$8.50. The business’s 50-day moving average price is C$7.99 and its 200-day moving average price is C$7.99. The company has a quick ratio of 2.43, a current ratio of 3.25 and a debt-to-equity ratio of 4.93.

Insider Transactions at K92 Mining Inc. (KNT.V)

In other K92 Mining Inc. (KNT.V) news, Director John Lewins sold 68,700 shares of K92 Mining Inc. (KNT.V) stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of C$9.79, for a total transaction of C$672,421.86. Also, Director Saurabh Handa sold 50,000 shares of the firm’s stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of C$11.95, for a total transaction of C$597,500.00. Insiders sold a total of 152,781 shares of company stock valued at $1,684,245 over the last three months.

About K92 Mining Inc. (KNT.V)

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.