K92 Mining Inc. (TSE:KNT – Get Free Report)’s share price shot up 1.1% on Friday . The stock traded as high as C$8.56 and last traded at C$8.51. 372,631 shares changed hands during mid-day trading, a decline of 44% from the average session volume of 669,691 shares. The stock had previously closed at C$8.42.
K92 Mining Stock Up 1.1 %
The company has a market cap of C$2.02 billion, a PE ratio of 50.06 and a beta of 1.07. The stock has a 50-day moving average of C$9.05 and a 200-day moving average of C$8.27. The company has a quick ratio of 3.15, a current ratio of 2.95 and a debt-to-equity ratio of 11.19.
K92 Mining Company Profile
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.
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