K92 Mining Inc. (KNT.V) (CVE:KNT) Director Sells 29,198 Shares of Stock

K92 Mining Inc. (KNT.V) (CVE:KNT) Director Mark Price Eaton sold 29,198 shares of the company’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of C$8.60, for a total transaction of C$251,102.80.

Mark Price Eaton also recently made the following trade(s):

• On Wednesday, December 4th, Mark Price Eaton sold 40,000 shares of K92 Mining Inc. (KNT.V) stock. The stock was sold at an average price of C$9.42, for a total value of C$376,600.00.
• On Friday, November 29th, Mark Price Eaton sold 10,000 shares of K92 Mining Inc. (KNT.V) stock. 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) Stock Performance

Shares of KNT opened at C$7.99 on Friday. The firm has a market capitalization of C$1.63 billion and a price-to-earnings 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. K92 Mining Inc. has a 1-year low of C$1.55 and a 1-year high of C$8.50. The company has a 50-day moving average of C$7.99 and a 200 day moving average of C$7.99.

Analysts Set New Price Targets

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

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.