David Gregory Medilek Sells 35,000 Shares of K92 Mining Inc. (KNT.V) (CVE:KNT) Stock

K92 Mining Inc. (KNT.V) (CVE:KNT) Senior Officer David Gregory Medilek sold 35,000 shares of K92 Mining Inc. (KNT.V) stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of C$9.39, for a total value of C$328,678.00.

K92 Mining Inc. (KNT.V) Price Performance

KNT stock opened at C$7.99 on Tuesday. The stock has a market capitalization of C$1.63 billion and a price-to-earnings ratio of 32.48. The stock’s fifty day simple moving average is C$7.99 and its 200-day simple moving average is C$7.99. K92 Mining Inc. has a 52-week low of C$1.55 and a 52-week high of C$8.50. The company has a quick ratio of 2.43, a current ratio of 3.25 and a debt-to-equity ratio of 4.93.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Stifel Nicolaus raised their target price on shares of K92 Mining Inc. (KNT.V) from C$15.00 to C$15.50 in a report on Monday, October 21st. Cormark lifted their price objective on K92 Mining Inc. (KNT.V) from C$12.50 to C$14.00 in a research report on Friday, October 11th. Royal Bank of Canada increased their target price on K92 Mining Inc. (KNT.V) from C$12.00 to C$13.00 in a report on Friday. Scotiabank boosted their price target on K92 Mining Inc. (KNT.V) from C$9.50 to C$10.00 in a report on Thursday, November 21st. Finally, BMO Capital Markets increased their price objective on K92 Mining Inc. (KNT.V) from C$12.00 to C$14.00 in a research note on Tuesday, October 29th.

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.