K92 Mining Inc. (KNT.V) (CVE:KNT) Given New C$14.00 Price Target at Cormark

K92 Mining Inc. (KNT.V) (CVE:KNT) had its price objective hoisted by Cormark from C$12.50 to C$14.00 in a research note published on Friday, BayStreet.CA reports.

A number of other research analysts have also recently issued reports on the stock. Stifel Nicolaus boosted their price objective on shares of K92 Mining Inc. (KNT.V) from C$14.25 to C$15.00 in a report on Wednesday, August 14th. Canaccord Genuity Group upped their price objective on shares of K92 Mining Inc. (KNT.V) from C$9.25 to C$10.00 in a research report on Tuesday, July 23rd. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of Buy and an average price target of C$10.97.

K92 Mining Inc. (KNT.V) Price Performance

K92 Mining Inc. (KNT.V) stock opened at C$7.99 on Friday. The company has a current ratio of 3.25, a quick ratio of 2.43 and a debt-to-equity ratio of 4.93. The firm has a market capitalization of C$1.63 billion and a P/E ratio of 32.48. The business has a 50-day moving average of C$7.99 and a 200-day moving average of C$7.99. K92 Mining Inc. has a 1 year low of C$1.55 and a 1 year high of C$8.50.

K92 Mining Inc. (KNT.V) 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. Its principal property is the Kainantu property that covers an area of 725 square kilometers located in the Eastern Highlands province. The company is headquartered in Vancouver, Canada.