Short Interest in K92 Mining Inc. (OTCMKTS:KNTNF) Rises By 18.9%

K92 Mining Inc. (OTCMKTS:KNTNF) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 9,665,500 shares, an increase of 18.9% from the August 15th total of 8,126,500 shares. Based on an average trading volume of 232,000 shares, the short-interest ratio is presently 41.7 days.

K92 Mining Price Performance

OTCMKTS:KNTNF traded up $0.04 on Friday, reaching $5.93. The stock had a trading volume of 152,296 shares, compared to its average volume of 116,004. K92 Mining has a 12-month low of $3.35 and a 12-month high of $6.31. The firm’s fifty day moving average is $5.60 and its two-hundred day moving average is $5.42.

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.