Insider Selling: K92 Mining Inc. (KNT.V) (CVE:KNT) Director Sells 10,000 Shares of Stock

K92 Mining Inc. (KNT.V) (CVE:KNT) Director Mark Price Eaton sold 10,000 shares of the stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of C$9.16, for a total value of C$91,600.00.

K92 Mining Inc. (KNT.V) Price Performance

CVE KNT remained flat at C$7.99 during trading on Friday. The company’s stock had a trading volume of 337,797 shares, compared to its average volume of 1,128,356. K92 Mining Inc. has a 52 week low of C$1.55 and a 52 week high of C$8.50. The business’s fifty day moving average is C$7.99 and its 200 day moving average is C$7.99. The company 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.

Analyst Upgrades and Downgrades

Several brokerages recently commented on KNT. BMO Capital Markets boosted their price target on K92 Mining Inc. (KNT.V) from C$12.00 to C$14.00 in a research report on Tuesday, October 29th. Cormark increased their target price on shares of K92 Mining Inc. (KNT.V) from C$12.50 to C$14.00 in a research report on Friday, October 11th. Stifel Nicolaus boosted their price target on shares of K92 Mining Inc. (KNT.V) from C$15.00 to C$15.50 in a research report on Monday, October 21st. Eight Capital upped their price objective on shares of K92 Mining Inc. (KNT.V) from C$14.00 to C$16.00 in a research note on Thursday, October 17th. Finally, Scotiabank raised their target price on shares of K92 Mining Inc. (KNT.V) from C$9.50 to C$10.00 in a research note on Thursday, November 21st.

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.