K92 Mining (TSE:KNT) Raised to Strong-Buy at Stifel Canada

Stifel Canada upgraded shares of K92 Mining (TSE:KNT) to a strong-buy rating in a research note published on Wednesday morning,Zacks.com reports.

Separately, TD Securities raised K92 Mining to a “strong-buy” rating in a research report on Tuesday, February 4th.

K92 Mining Trading Down 2.2 %

TSE KNT opened at C$11.80 on Wednesday. The firm has a market capitalization of C$1.99 billion, a P/E ratio of 25.99 and a beta of 1.07. The business has a fifty day simple moving average of C$10.16 and a 200 day simple moving average of C$9.21. K92 Mining has a 12 month low of C$6.15 and a 12 month high of C$12.11. The company has a current ratio of 2.83, a quick ratio of 3.15 and a debt-to-equity ratio of 12.66.

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.