K92 Mining Inc. (KNT.V) (CVE:KNT) Senior Officer Christopher James Muller Sells 18,900 Shares

K92 Mining Inc. (KNT.V) (CVE:KNT) Senior Officer Christopher James Muller sold 18,900 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of C$9.80, for a total value of C$185,220.00.

K92 Mining Inc. (KNT.V) Price Performance

KNT stock opened at C$7.99 on Friday. 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 fifty-two week low of C$1.55 and a fifty-two week high of C$8.50. The stock’s 50 day simple moving average is C$7.99 and its 200 day simple moving average is C$7.99. The company 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 research firms have weighed in on KNT. Scotiabank lifted their price objective on K92 Mining Inc. (KNT.V) from C$9.50 to C$10.00 in a report on Thursday, November 21st. Royal Bank of Canada raised their price objective on shares of K92 Mining Inc. (KNT.V) from C$12.00 to C$13.00 in a research note on Friday, December 6th. Cormark increased their price target on shares of K92 Mining Inc. (KNT.V) from C$12.50 to C$14.00 in a research report on Friday, October 11th. BMO Capital Markets boosted their price target on shares of K92 Mining Inc. (KNT.V) from C$12.00 to C$14.00 in a report on Tuesday, October 29th. Finally, Eight Capital upped their price target on shares of K92 Mining Inc. (KNT.V) from C$14.00 to C$16.00 in a report on Thursday, October 17th.

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.