K92 Mining Inc. (KNT.V) (CVE:KNT) PT Set at C$17.50 by Stifel Nicolaus

Stifel Nicolaus set a C$17.50 price objective on K92 Mining Inc. (KNT.V) (CVE:KNTFree Report) in a research note published on Wednesday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts also recently commented on KNT. Scotiabank raised their target price on shares of K92 Mining Inc. (KNT.V) from C$10.00 to C$11.00 in a research note on Wednesday, January 15th. Raymond James boosted their price objective on K92 Mining Inc. (KNT.V) from C$11.00 to C$12.00 in a research note on Tuesday, January 7th. National Bankshares upped their target price on K92 Mining Inc. (KNT.V) from C$11.75 to C$12.75 and gave the stock a “sector perform” rating in a research report on Wednesday. Finally, Royal Bank of Canada raised their target price on K92 Mining Inc. (KNT.V) from C$12.00 to C$13.00 in a report on Friday, December 6th.

Read Our Latest Research Report on KNT

K92 Mining Inc. (KNT.V) Price Performance

KNT opened at C$7.99 on Wednesday. K92 Mining Inc. has a 1 year low of C$1.55 and a 1 year high of C$8.50. The firm has a 50 day moving average price of C$7.99 and a 200 day moving average price of C$7.99. The company has a debt-to-equity ratio of 4.93, a quick ratio of 2.43 and a current ratio of 3.25. The company has a market cap of C$1.63 billion and a PE ratio of 32.48.

Insider Buying and Selling

In other K92 Mining Inc. (KNT.V) news, Director John Lewins sold 68,700 shares of the stock in a transaction on Friday, January 31st. The shares were sold at an average price of C$9.79, for a total transaction of C$672,421.86. Also, Director Mark Price Eaton sold 29,198 shares of the firm’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of C$8.60, for a total transaction of C$251,102.80. Over the last 90 days, insiders have sold 241,196 shares of company stock worth $2,273,694.

K92 Mining Inc. (KNT.V) 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. 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.

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