Christopher James Muller Sells 18,900 Shares of K92 Mining Inc. (KNT.V) (CVE:KNT) Stock

K92 Mining Inc. (KNT.V) (CVE:KNT) Senior Officer Christopher James Muller sold 18,900 shares of the firm’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of C$9.80, for a total value of C$185,220.00.

K92 Mining Inc. (KNT.V) Stock Performance

CVE KNT opened at C$7.99 on Monday. 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 company has a market cap of C$1.63 billion and a P/E ratio of 32.48. The stock has a 50-day moving average of C$7.99 and a two-hundred day moving average of C$7.99. K92 Mining Inc. has a 1-year low of C$1.55 and a 1-year high of C$8.50.

Analyst Upgrades and Downgrades

Several analysts have recently commented on KNT shares. Scotiabank lifted 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. BMO Capital Markets lifted their target price on K92 Mining Inc. (KNT.V) from C$12.00 to C$14.00 in a research report on Tuesday, October 29th. Cormark upped their price target on K92 Mining Inc. (KNT.V) from C$12.50 to C$14.00 in a research note on Friday, October 11th. Royal Bank of Canada raised their price objective on K92 Mining Inc. (KNT.V) from C$12.00 to C$13.00 in a research report on Friday, December 6th. Finally, Eight Capital boosted their price objective on shares of K92 Mining Inc. (KNT.V) from C$14.00 to C$16.00 in a report 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.