K92 Mining Inc. (KNT.V) (CVE:KNT) Price Target Raised to C$20.75 at Canaccord Genuity Group

K92 Mining Inc. (KNT.V) (CVE:KNT) had its price target upped by Canaccord Genuity Group from C$18.75 to C$20.75 in a research report sent to investors on Thursday morning,BayStreet.CA reports.

Several other equities research analysts also recently weighed in on KNT. TD Securities boosted their target price on shares of K92 Mining Inc. (KNT.V) from C$17.00 to C$18.00 and gave the stock a “buy” rating in a research report on Monday, June 23rd. Royal Bank Of Canada upped their price objective on K92 Mining Inc. (KNT.V) from C$19.00 to C$22.00 in a research note on Wednesday, September 10th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, K92 Mining Inc. (KNT.V) presently has a consensus rating of “Moderate Buy” and a consensus price target of C$16.15.

K92 Mining Inc. (KNT.V) Price Performance

Shares of CVE:KNT opened at C$7.99 on Thursday. The firm has a market cap of C$1.63 billion and a PE ratio of 32.48. The company has a fifty day simple moving average of C$7.99 and a 200 day simple moving average of C$7.99. 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. has a 12-month low of C$1.55 and a 12-month high of C$8.50.

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.