Mark Price Eaton Sells 29,198 Shares of K92 Mining Inc. (KNT.V) (CVE:KNT) Stock

K92 Mining Inc. (KNT.V) (CVE:KNT) Director Mark Price Eaton sold 29,198 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of C$8.60, for a total value of C$251,102.80.

Mark Price Eaton also recently made the following trade(s):

• On Wednesday, December 4th, Mark Price Eaton sold 40,000 shares of K92 Mining Inc. (KNT.V) stock. The shares were sold at an average price of C$9.42, for a total value of C$376,600.00.
• On Friday, November 29th, Mark Price Eaton sold 10,000 shares of K92 Mining Inc. (KNT.V) stock. The stock was sold at an average price of C$9.16, for a total value of C$91,600.00.

K92 Mining Inc. (KNT.V) Price Performance

Shares of K92 Mining Inc. (KNT.V) stock remained flat at C$7.99 during trading on Tuesday. 337,797 shares of the stock traded hands, compared to its average volume of 1,128,356. The company has a current ratio of 3.25, a quick ratio of 2.43 and a debt-to-equity ratio of 4.93. The business’s 50-day simple moving average is C$7.99 and its 200-day simple moving average is C$7.99. The company has a market cap of C$1.63 billion and a PE ratio of 32.48. K92 Mining Inc. has a 1-year low of C$1.55 and a 1-year high of C$8.50.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on KNT. Cormark boosted their price target on shares of K92 Mining Inc. (KNT.V) from C$12.50 to C$14.00 in a research note on Friday, October 11th. BMO Capital Markets upped their target price on shares of K92 Mining Inc. (KNT.V) from C$12.00 to C$14.00 in a research note on Tuesday, October 29th. Scotiabank raised their price target on shares of K92 Mining Inc. (KNT.V) from C$9.50 to C$10.00 in a research report on Thursday, November 21st. Royal Bank of Canada boosted their price target on shares of K92 Mining Inc. (KNT.V) from C$12.00 to C$13.00 in a research note on Friday, December 6th. Finally, Eight Capital increased their price objective on K92 Mining Inc. (KNT.V) from C$14.00 to C$16.00 in a research note on Thursday, October 17th.

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.