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

K92 Mining Inc. (OTCMKTS:KNTNF) shares were down 0.4% on Monday . The company traded as low as $6.89 and last traded at $6.95. Approximately 100,933 shares traded hands during mid-day trading, a decline of 22% from the average daily volume of 128,907 shares. The stock had previously closed at $6.98.

Wall Street Analyst Weigh In

Separately, TD Securities began coverage on shares of K92 Mining in a research report on Tuesday, February 4th. They issued a “buy” rating on the stock.

K92 Mining Stock Down 0.4 %

The stock has a fifty day moving average price of $6.64 and a two-hundred day moving average price of $6.32.

About K92 Mining

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.