K92 Mining Inc. (KNT.V) (CVE:KNT) Price Target Raised to C$12.75 at National Bankshares

K92 Mining Inc. (KNT.V) (CVE:KNT) had its price objective upped by stock analysts at National Bankshares from C$11.75 to C$12.75 in a research note issued to investors on Wednesday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. National Bankshares’ price target suggests a potential upside of 59.57% from the stock’s previous close.

KNT has been the subject of several other reports. Scotiabank raised their price target on K92 Mining Inc. (KNT.V) from C$10.00 to C$11.00 in a report on Wednesday, January 15th. Raymond James lifted their price objective on K92 Mining Inc. (KNT.V) from C$11.00 to C$12.00 in a report on Tuesday, January 7th. Finally, Royal Bank of Canada lifted their price objective on K92 Mining Inc. (KNT.V) from C$12.00 to C$13.00 in a report on Friday, December 6th.

K92 Mining Inc. (KNT.V) Price Performance

KNT opened at C$7.99 on Wednesday. The company has a debt-to-equity ratio of 4.93, a current ratio of 3.25 and a quick ratio of 2.43. The business has a 50 day simple moving average of C$7.99 and a 200-day simple moving average of C$7.99. The stock has a market capitalization of C$1.63 billion and a P/E ratio of 32.48. K92 Mining Inc. has a 12 month low of C$1.55 and a 12 month high of C$8.50.

Insider Buying and Selling

In other K92 Mining Inc. (KNT.V) news, Director Graham Wheelock sold 42,198 shares of the firm’s stock in a transaction on Friday, December 27th. The stock was sold at an average price of C$8.51, for a total transaction of C$359,189.38. Also, Director Mark Price Eaton sold 29,198 shares of the firm’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of C$8.60, for a total value of C$251,102.80. Over the last ninety days, insiders sold 241,196 shares of company stock valued at $2,273,694.

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.