K92 Mining Inc. (KNT.V) (CVE:KNT – Free Report) had its price target raised by Stifel Nicolaus from C$15.00 to C$15.50 in a research note released on Monday, BayStreet.CA reports.
A number of other equities analysts also recently issued reports on the company. Canaccord Genuity Group upped their price target on K92 Mining Inc. (KNT.V) from C$9.25 to C$10.00 in a report on Tuesday, July 23rd. Scotiabank upped their target price on shares of K92 Mining Inc. (KNT.V) from C$9.00 to C$9.50 and gave the company an “outperform” rating in a report on Thursday, October 17th. Eight Capital lifted their price target on shares of K92 Mining Inc. (KNT.V) from C$14.00 to C$16.00 in a research note on Thursday, October 17th. Finally, Cormark boosted 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. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$11.58.
Read Our Latest Report on K92 Mining Inc. (KNT.V)
K92 Mining Inc. (KNT.V) Stock Performance
Insider Buying and Selling
In other K92 Mining Inc. (KNT.V) news, insider L1 Capital Pty Ltd. sold 44,698 shares of K92 Mining Inc. (KNT.V) stock in a transaction on Monday, September 30th. The shares were sold at an average price of C$7.82, for a total value of C$349,538.36.
K92 Mining Inc. (KNT.V) 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. 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.
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