K92 Mining Inc. (KNT.V) (CVE:KNT) Price Target Raised to C$25.50

K92 Mining Inc. (KNT.V) (CVE:KNT) had its price target hoisted by Canaccord Genuity Group from C$24.75 to C$25.50 in a research note published on Tuesday,BayStreet.CA reports. They currently have a buy rating on the stock.

Other analysts have also recently issued reports about the company. Desjardins set a C$26.00 price target on K92 Mining Inc. (KNT.V) and gave the stock a “buy” rating in a research report on Friday, November 28th. Raymond James Financial boosted their price target on shares of K92 Mining Inc. (KNT.V) from C$18.00 to C$21.00 in a research report on Friday, October 10th. Finally, Royal Bank Of Canada boosted their price objective on K92 Mining Inc. (KNT.V) from C$26.00 to C$32.00 in a research note on Wednesday, December 10th. Six research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$23.41.

K92 Mining Inc. (KNT.V) Price Performance

CVE:KNT opened at C$7.99 on Tuesday. 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 12 month low of C$1.55 and a 12 month high of C$8.50. The firm has a market cap of C$1.63 billion and a P/E ratio of 32.48. The company has a current ratio of 3.25, a quick ratio of 2.43 and a debt-to-equity ratio of 4.93.

K92 Mining Inc. (KNT.V) 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. 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.