K92 Mining Inc. (TSE:KNT - Get Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as C$10.39 and last traded at C$10.24, with a volume of 117422 shares trading hands. The stock had previously closed at C$10.17.
Analyst Upgrades and Downgrades
Separately, TD Securities upgraded shares of K92 Mining to a "strong-buy" rating in a research note on Tuesday, February 4th.
Read Our Latest Stock Report on K92 Mining
K92 Mining Price Performance
The company has a debt-to-equity ratio of 11.19, a current ratio of 2.95 and a quick ratio of 3.15. The stock has a market capitalization of C$2.49 billion, a price-to-earnings ratio of 61.76 and a beta of 1.07. The stock's 50 day simple moving average is C$9.36 and its 200-day simple moving average is C$8.64.
About K92 Mining
(
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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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