K92 Mining Inc. (TSE:KNT - Get Free Report) shares reached a new 52-week high during trading on Wednesday . The company traded as high as C$11.80 and last traded at C$11.58, with a volume of 790174 shares changing hands. The stock had previously closed at C$11.62.
Analyst Ratings Changes
KNT has been the subject of a number of recent analyst reports. TD Securities upgraded shares of K92 Mining to a "strong-buy" rating in a research report on Tuesday, February 4th. Stifel Canada upgraded shares of K92 Mining to a "strong-buy" rating in a research report on Wednesday.
Get Our Latest Stock Analysis on KNT
K92 Mining Price Performance
The business's 50-day moving average price is C$10.16 and its 200 day moving average price is C$9.21. The stock has a market capitalization of C$1.99 billion, a PE ratio of 25.99 and a beta of 1.07. 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
(
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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.
Further Reading
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