Insider Selling: K92 Mining Inc. (KNT.V) (CVE:KNT) Senior Officer Sells 100,000 Shares of Stock

K92 Mining Inc. (KNT.V) (CVE:KNT) Senior Officer Nancy Carol La Couvee sold 100,000 shares of the business’s stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of C$7.69, for a total transaction of C$768,910.00.

K92 Mining Inc. (KNT.V) Stock Performance

KNT stock opened at C$7.99 on Friday. The company has a quick ratio of 2.43, a current ratio of 3.25 and a debt-to-equity ratio of 4.93. The company has a market capitalization of C$1.63 billion and a price-to-earnings 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. The firm has a 50 day moving average of C$7.99 and a two-hundred day moving average of C$7.99.

Analyst Upgrades and Downgrades

Several research firms have weighed in on KNT. Stifel Nicolaus upped their price objective on shares of K92 Mining Inc. (KNT.V) from C$10.00 to C$11.00 in a research note on Wednesday, April 3rd. Pi Financial upped their price objective on shares of K92 Mining Inc. (KNT.V) from C$11.00 to C$13.00 in a research note on Wednesday, March 6th. Raymond James upped their price objective on shares of K92 Mining Inc. (KNT.V) from C$8.25 to C$9.00 in a research note on Tuesday. Canaccord Genuity Group upped their price objective on shares of K92 Mining Inc. (KNT.V) from C$8.50 to C$9.25 in a research note on Tuesday. Finally, National Bankshares dropped their price objective on shares of K92 Mining Inc. (KNT.V) from C$9.25 to C$8.50 in a research note on Monday, February 26th. Seven investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of C$9.98.

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.