K92 Mining Inc. (TSE:KNT - Get Free Report)'s share price hit a new 52-week high on Tuesday . The stock traded as high as C$12.14 and last traded at C$12.06, with a volume of 606131 shares trading hands. The stock had previously closed at C$11.81.
Wall Street Analysts Forecast Growth
KNT has been the subject of several recent analyst reports. TD Securities raised K92 Mining to a "strong-buy" rating in a research note on Tuesday, February 4th. Stifel Canada upgraded K92 Mining to a "strong-buy" rating in a research note on Wednesday, March 19th.
Read Our Latest Stock Analysis on K92 Mining
K92 Mining Trading Down 1.6 %
The company has a current ratio of 2.83, a quick ratio of 3.15 and a debt-to-equity ratio of 12.66. The firm has a market cap of C$2.02 billion, a price-to-earnings ratio of 26.41 and a beta of 1.07. The firm's 50-day moving average is C$10.38 and its 200-day moving average is C$9.39.
K92 Mining Company Profile
(
Get Free Report)
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.
Read More
Before you consider K92 Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and K92 Mining wasn't on the list.
While K92 Mining currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
