K92 Mining (OTCMKTS:KNTNF) Trading Up 2.4% – What’s Next?

K92 Mining Inc. (OTCMKTS:KNTNF)’s stock price was up 2.4% during mid-day trading on Tuesday . The stock traded as high as $9.76 and last traded at $9.50. Approximately 197,848 shares were traded during mid-day trading, an increase of 28% from the average daily volume of 153,993 shares. The stock had previously closed at $9.28.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on KNTNF shares. National Bankshares reiterated a “sector perform” rating on shares of K92 Mining in a research report on Wednesday, April 2nd. TD Securities assumed coverage on shares of K92 Mining in a research report on Tuesday, February 4th. They issued a “buy” rating for the company.

K92 Mining Trading Up 2.4 %

The business has a 50 day simple moving average of $8.34 and a two-hundred day simple moving average of $7.20.

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.