K92 Mining (OTCMKTS:KNTNF) Shares Up 0.4% – Here’s Why

K92 Mining Inc. (OTCMKTS:KNTNF) shares shot up 0.4% on Tuesday . The stock traded as high as $16.2775 and last traded at $16.11. 108,207 shares changed hands during trading, a decline of 30% from the average session volume of 153,669 shares. The stock had previously closed at $16.0401.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on KNTNF. Scotiabank restated an “outperform” rating on shares of K92 Mining in a research note on Thursday, October 23rd. Royal Bank Of Canada reiterated an “outperform” rating on shares of K92 Mining in a report on Tuesday, October 28th. Finally, Raymond James Financial restated an “outperform” rating on shares of K92 Mining in a research note on Friday, October 10th. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy”.

K92 Mining Stock Up 0.4%

The company has a fifty day moving average of $13.95 and a 200 day moving average of $12.23.

K92 Mining Company Profile

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.