K92 Mining Inc. (TSE:KNT - Get Free Report) shares shot up 8.4% during mid-day trading on Thursday . The stock traded as high as C$8.54 and last traded at C$8.51. 432,756 shares were traded during trading, a decline of 33% from the average session volume of 646,911 shares. The stock had previously closed at C$7.85.
K92 Mining Trading Up 16.6 %
The company has a market capitalization of C$2.17 billion, a PE ratio of 57.19 and a beta of 1.07. The company has a 50 day simple moving average of C$7.70 and a 200 day simple moving average of C$7.64. The company has a debt-to-equity ratio of 11.19, a quick ratio of 3.15 and a current ratio of 2.95.
K92 Mining (TSE:KNT - Get Free Report) last issued its earnings results on Tuesday, August 13th. The company reported C$0.03 EPS for the quarter, meeting analysts' consensus estimates of C$0.03. The business had revenue of C$65.39 million during the quarter, compared to analysts' expectations of C$78.48 million. K92 Mining had a net margin of 13.24% and a return on equity of 8.25%. Analysts anticipate that K92 Mining Inc. will post 0.6641729 earnings per share for the current year.
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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