K92 Mining (TSE:KNT) Upgraded to Strong-Buy at TD Securities

TD Securities upgraded shares of K92 Mining (TSE:KNT - Free Report) to a strong-buy rating in a research report report published on Tuesday morning,Zacks.com reports.

K92 Mining Price Performance

Shares of TSE:KNT traded up C$0.05 during midday trading on Tuesday, hitting C$10.22. The company had a trading volume of 524,088 shares, compared to its average volume of 596,759. K92 Mining has a twelve month low of C$5.27 and a twelve month high of C$10.41. The stock has a market cap of C$2.43 billion, a price-to-earnings ratio of 60.12 and a beta of 1.07. 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 business's 50-day simple moving average is C$9.32 and its 200-day simple moving average is C$8.62.

K92 Mining Company Profile

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.