K92 Mining Inc. (KNT.V) (CVE:KNT) Director Sells C$251,102.80 in Stock

K92 Mining Inc. (KNT.V) (CVE:KNT) Director Mark Price Eaton sold 29,198 shares of K92 Mining Inc. (KNT.V) stock in a transaction that occurred on Monday, January 6th. The stock was 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 stock was sold at an average price of C$9.42, for a total transaction 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 transaction of C$91,600.00.

K92 Mining Inc. (KNT.V) Stock Performance

Shares of CVE KNT remained flat at C$7.99 during mid-day trading on Tuesday. The stock had a trading volume of 337,797 shares, compared to its average volume of 1,128,356. The stock’s 50-day moving average is C$7.99 and its 200-day moving average is C$7.99. The company has a debt-to-equity ratio of 4.93, a current ratio of 3.25 and a quick ratio of 2.43. The firm has a market capitalization of C$1.63 billion and a price-to-earnings ratio of 32.48. K92 Mining Inc. has a fifty-two week low of C$1.55 and a fifty-two week high of C$8.50.

Analyst Ratings Changes

A number of research analysts have weighed in on KNT shares. Royal Bank of Canada raised their target price on shares of K92 Mining Inc. (KNT.V) from C$12.00 to C$13.00 in a research note on Friday, December 6th. Cormark boosted their price objective on K92 Mining Inc. (KNT.V) from C$12.50 to C$14.00 in a research note on Friday, October 11th. Stifel Nicolaus raised their target price on K92 Mining Inc. (KNT.V) from C$15.00 to C$15.50 in a research note on Monday, October 21st. BMO Capital Markets boosted their price target on shares of K92 Mining Inc. (KNT.V) from C$12.00 to C$14.00 in a research report on Tuesday, October 29th. Finally, Scotiabank raised their price objective on shares of K92 Mining Inc. (KNT.V) from C$9.50 to C$10.00 in a research report on Thursday, November 21st.

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.