K92 Mining (OTCMKTS:KNTNF) Stock Price Down 0.5% – Here’s What Happened

K92 Mining Inc. (OTCMKTS:KNTNF)’s share price traded down 0.5% on Wednesday . The company traded as low as $9.96 and last traded at $10.13. 75,357 shares were traded during mid-day trading, a decline of 49% from the average session volume of 147,915 shares. The stock had previously closed at $10.18.

Analyst Upgrades and Downgrades

Several brokerages have commented on KNTNF. National Bankshares reissued a “sector perform” rating on shares of K92 Mining in a research report on Wednesday, April 2nd. TD Securities started coverage on K92 Mining in a research report on Tuesday, February 4th. They issued a “buy” rating on the stock.

K92 Mining Price Performance

The stock has a 50 day simple moving average of $9.04 and a two-hundred day simple moving average of $7.52.

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.