Insider Selling: K92 Mining Inc. (KNT.V) (CVE:KNT) Director Sells 42,198 Shares of Stock

K92 Mining Inc. (KNT.V) (CVE:KNT) Director Graham Wheelock sold 42,198 shares of the stock in a transaction that occurred on Friday, December 27th. The shares were sold at an average price of C$8.51, for a total transaction of C$359,189.38.

K92 Mining Inc. (KNT.V) Price Performance

Shares of KNT opened at C$7.99 on Tuesday. The stock has a market capitalization of C$1.63 billion and a P/E ratio of 32.48. K92 Mining Inc. has a twelve month low of C$1.55 and a twelve month 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. The company has a quick ratio of 2.43, a current ratio of 3.25 and a debt-to-equity ratio of 4.93.

Analyst Ratings Changes

A number of analysts recently weighed in on KNT shares. Raymond James increased their price target on shares of K92 Mining Inc. (KNT.V) from C$11.00 to C$12.00 in a research report on Tuesday, January 7th. Stifel Nicolaus increased their target price on K92 Mining Inc. (KNT.V) from C$15.00 to C$15.50 in a research note on Monday, October 21st. Scotiabank increased their target price on K92 Mining Inc. (KNT.V) from C$9.50 to C$10.00 in a research note on Thursday, November 21st. Royal Bank of Canada increased their target price on K92 Mining Inc. (KNT.V) from C$12.00 to C$13.00 in a research note on Friday, December 6th. Finally, BMO Capital Markets increased their target price on 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.