Christopher James Muller Sells 81,100 Shares of K92 Mining Inc. (KNT.V) (CVE:KNT) Stock

K92 Mining Inc. (KNT.V) (CVE:KNT) Senior Officer Christopher James Muller sold 81,100 shares of the company’s stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of C$9.80, for a total value of C$794,780.00.

Christopher James Muller also recently made the following trade(s):

• On Wednesday, December 11th, Christopher James Muller sold 18,900 shares of K92 Mining Inc. (KNT.V) stock. The shares were sold at an average price of C$9.80, for a total transaction of C$185,220.00.

K92 Mining Inc. (KNT.V) Price Performance

Shares of CVE:KNT opened at C$7.99 on Thursday. The company has a debt-to-equity ratio of 4.93, a quick ratio of 2.43 and a current ratio of 3.25. K92 Mining Inc. has a 52-week low of C$1.55 and a 52-week high of C$8.50. The business’s 50 day simple moving average is C$7.99 and its two-hundred day simple moving average is C$7.99. The firm has a market cap of C$1.63 billion and a P/E ratio of 32.48.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Royal Bank of Canada lifted their target price on shares of K92 Mining Inc. (KNT.V) from C$12.00 to C$13.00 in a research note on Friday, December 6th. Eight Capital lifted their price objective on K92 Mining Inc. (KNT.V) from C$14.00 to C$16.00 in a research report on Thursday, October 17th. Raymond James upped their target price on K92 Mining Inc. (KNT.V) from C$11.00 to C$12.00 in a research report on Tuesday, January 7th. BMO Capital Markets lifted their target price on K92 Mining Inc. (KNT.V) from C$12.00 to C$14.00 in a report on Tuesday, October 29th. Finally, Scotiabank increased their price target on K92 Mining Inc. (KNT.V) from C$10.00 to C$11.00 in a report on Wednesday, January 15th.

About K92 Mining Inc. (KNT.V)

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.