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K92 Mining (TSE:KNT) Hits New 52-Week High - Still a Buy?

K92 Mining logo with Basic Materials background

K92 Mining Inc. (TSE:KNT - Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as C$9.96 and last traded at C$9.94, with a volume of 421931 shares. The stock had previously closed at C$8.65.

K92 Mining Stock Performance

The company has a debt-to-equity ratio of 11.19, a quick ratio of 3.15 and a current ratio of 2.95. The firm has a 50 day moving average of C$8.96 and a two-hundred day moving average of C$8.34. The stock has a market cap of C$2.38 billion, a P/E ratio of 59.00 and a beta of 1.07.

About K92 Mining

(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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