Mark Price Eaton Sells 10,000 Shares of K92 Mining Inc. (KNT.V) (CVE:KNT) Stock

K92 Mining Inc. (KNT.V) (CVE:KNT) Director Mark Price Eaton sold 10,000 shares of the stock in a transaction dated Friday, November 29th. The stock was sold at an average price of C$9.16, for a total value of C$91,600.00.

K92 Mining Inc. (KNT.V) Price Performance

KNT remained flat at C$7.99 during trading on Friday. The company’s stock had a trading volume of 337,797 shares, compared to its average volume of 1,128,356. The company has a quick ratio of 2.43, a current ratio of 3.25 and a debt-to-equity ratio of 4.93. The stock has a market cap of C$1.63 billion and a price-to-earnings ratio of 32.48. The stock has a fifty day simple moving average of C$7.99 and a 200 day simple moving average of C$7.99. K92 Mining Inc. has a 12-month low of C$1.55 and a 12-month high of C$8.50.

Wall Street Analyst Weigh In

KNT has been the subject of a number of recent analyst reports. Eight Capital raised their price target on shares of K92 Mining Inc. (KNT.V) from C$14.00 to C$16.00 in a report on Thursday, October 17th. BMO Capital Markets lifted their price target on shares of K92 Mining Inc. (KNT.V) from C$12.00 to C$14.00 in a report on Tuesday, October 29th. Stifel Nicolaus boosted their price target on shares of K92 Mining Inc. (KNT.V) from C$15.00 to C$15.50 in a report on Monday, October 21st. Scotiabank increased their price objective on K92 Mining Inc. (KNT.V) from C$9.50 to C$10.00 in a report on Thursday, November 21st. Finally, Cormark raised their target price on K92 Mining Inc. (KNT.V) from C$12.50 to C$14.00 in a research report on Friday, October 11th.

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.