Short Interest in K92 Mining Inc. (OTCMKTS:KNTNF) Declines By 13.2%

K92 Mining Inc. (OTCMKTS:KNTNF) was the target of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 8,275,000 shares, a decline of 13.2% from the December 31st total of 9,534,100 shares. Based on an average daily volume of 261,800 shares, the short-interest ratio is presently 31.6 days.

K92 Mining Stock Down 0.7 %

OTCMKTS:KNTNF traded down $0.05 on Monday, reaching $6.61. The company’s stock had a trading volume of 104,524 shares, compared to its average volume of 143,701. K92 Mining has a 1-year low of $3.90 and a 1-year high of $7.17. The business’s 50-day moving average price is $6.45 and its two-hundred day moving average price is $6.13.

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.