K92 Mining Inc. (KNT.V) (CVE:KNT) Price Target Raised to C$14.00 at BMO Capital Markets

K92 Mining Inc. (KNT.V) (CVE:KNT) had its price target boosted by BMO Capital Markets from C$12.00 to C$14.00 in a report released on Tuesday, BayStreet.CA reports.

KNT has been the topic of several other reports. Stifel Nicolaus increased their price objective on K92 Mining Inc. (KNT.V) from C$15.00 to C$15.50 in a research report on Monday, October 21st. Eight Capital increased their price objective on K92 Mining Inc. (KNT.V) from C$14.00 to C$16.00 in a research report on Thursday, October 17th. Scotiabank increased their price objective on K92 Mining Inc. (KNT.V) from C$9.00 to C$9.50 and gave the company an “outperform” rating in a research report on Thursday, October 17th. Cormark raised their target price on K92 Mining Inc. (KNT.V) from C$12.50 to C$14.00 in a research report on Friday, October 11th. Finally, Canaccord Genuity Group raised their target price on K92 Mining Inc. (KNT.V) from C$9.25 to C$10.00 in a research report on Tuesday, July 23rd. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$11.80.

K92 Mining Inc. (KNT.V) Stock Performance

K92 Mining Inc. (KNT.V) stock opened at C$7.99 on Tuesday. The company has a debt-to-equity ratio of 4.93, a current ratio of 3.25 and a quick ratio of 2.43. K92 Mining Inc. has a one year low of C$1.55 and a one year high of C$8.50. The stock has a market capitalization of C$1.63 billion and a PE ratio of 32.48. The business’s fifty day moving average is C$7.99 and its 200 day moving average is C$7.99.

Insider Transactions at K92 Mining Inc. (KNT.V)

In other news, insider L1 Capital Pty Ltd. sold 44,698 shares of the firm’s stock in a transaction dated Monday, September 30th. The stock was 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.