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K92 Mining (TSE:KNT) Hits New 1-Year High - Still a Buy?

K92 Mining logo with Basic Materials background

K92 Mining Inc. (TSE:KNT - Get Free Report)'s share price reached a new 52-week high on Thursday . The stock traded as high as C$10.71 and last traded at C$10.55, with a volume of 522308 shares changing hands. The stock had previously closed at C$10.47.

Analyst Ratings Changes

Separately, TD Securities upgraded K92 Mining to a "strong-buy" rating in a report on Tuesday, February 4th.

Read Our Latest Analysis on KNT

K92 Mining Trading Down 3.6 %

The company has a market capitalization of C$1.72 billion, a price-to-earnings ratio of 22.53 and a beta of 1.07. The firm has a fifty day moving average price of C$9.45 and a 200-day moving average price of C$8.72. The company has a debt-to-equity ratio of 12.66, a quick ratio of 3.15 and a current ratio of 2.83.

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.

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