K92 Mining Inc. (TSE:KNT – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$9.96 and last traded at C$9.94, with a volume of 421931 shares changing hands. The stock had previously closed at C$8.65.
K92 Mining Trading Up 14.9 %
The firm’s 50-day moving average is C$8.96 and its 200 day moving average is C$8.33. The firm has a market capitalization of C$2.36 billion, a price-to-earnings ratio of 58.47 and a beta of 1.07. The company has a current ratio of 2.95, a quick ratio of 3.15 and a debt-to-equity ratio of 11.19.
About K92 Mining
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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