K92 Mining (TSE:KNT) Upgraded to “Strong-Buy” at Stifel Canada

Stifel Canada upgraded shares of K92 Mining (TSE:KNT) to a strong-buy rating in a research report released on Wednesday,Zacks.com reports.

Separately, TD Securities raised K92 Mining to a “strong-buy” rating in a research report on Tuesday, February 4th.

K92 Mining Trading Up 0.6 %

TSE:KNT opened at C$12.06 on Wednesday. The stock has a market cap of C$2.03 billion, a price-to-earnings ratio of 26.56 and a beta of 1.07. K92 Mining has a one year low of C$6.15 and a one year high of C$12.11. The company has a debt-to-equity ratio of 12.66, a quick ratio of 3.15 and a current ratio of 2.83. The business’s 50-day simple moving average is C$10.12 and its 200 day simple moving average is C$9.20.

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.