K92 Mining Inc. (KNT.V) (CVE:KNT) Senior Officer Nancy Carol La Couvee Sells 100,000 Shares

K92 Mining Inc. (KNT.V) (CVE:KNT) Senior Officer Nancy Carol La Couvee sold 100,000 shares of K92 Mining Inc. (KNT.V) stock in a transaction on Friday, April 26th. The stock was sold at an average price of C$7.69, for a total transaction of C$768,910.00.

K92 Mining Inc. (KNT.V) Stock Performance

KNT opened at C$7.99 on Friday. The company has a quick ratio of 2.43, a current ratio of 3.25 and a debt-to-equity ratio of 4.93. The stock has a market capitalization of C$1.63 billion and a price-to-earnings ratio of 32.48. K92 Mining Inc. has a twelve month low of C$1.55 and a twelve month high of C$8.50. The company has a 50-day simple moving average of C$7.99 and a 200 day simple moving average of C$7.99.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Canaccord Genuity Group lifted their price objective on shares of K92 Mining Inc. (KNT.V) from C$8.50 to C$9.25 in a research report on Tuesday. Pi Financial boosted their target price on shares of K92 Mining Inc. (KNT.V) from C$11.00 to C$13.00 in a research report on Wednesday, March 6th. Raymond James boosted their target price on shares of K92 Mining Inc. (KNT.V) from C$8.25 to C$9.00 in a research report on Tuesday. National Bankshares reduced their target price on shares of K92 Mining Inc. (KNT.V) from C$9.25 to C$8.50 in a research report on Monday, February 26th. Finally, Stifel Nicolaus boosted their target price on shares of K92 Mining Inc. (KNT.V) from C$10.00 to C$11.00 in a research report on Wednesday, April 3rd. Seven analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, K92 Mining Inc. (KNT.V) currently has a consensus rating of “Buy” and a consensus target price of C$9.98.

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.