K92 Mining Inc. (KNT.V) (CVE:KNT) Director Sells C$655,500.00 in Stock

K92 Mining Inc. (KNT.V) (CVE:KNT) Director Mark Price Eaton sold 50,000 shares of the company’s stock in a transaction dated Tuesday, May 20th. The shares were sold at an average price of C$13.11, for a total transaction of C$655,500.00.

Mark Price Eaton also recently made the following trade(s):

• On Monday, March 31st, Mark Price Eaton sold 34,081 shares of K92 Mining Inc. (KNT.V) stock. The shares were sold at an average price of C$12.16, for a total transaction of C$414,322.72.

K92 Mining Inc. (KNT.V) Price Performance

Shares of KNT opened at C$7.99 on Wednesday. The company has a 50-day simple moving average of C$7.99 and a 200-day simple moving average of C$7.99. The firm has a market capitalization of C$1.63 billion and a P/E ratio of 32.48. The company has a debt-to-equity ratio of 4.93, a quick ratio of 2.43 and a current ratio of 3.25. K92 Mining Inc. has a 52 week low of C$1.55 and a 52 week high of C$8.50.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on KNT. Stifel Nicolaus upped their price target on shares of K92 Mining Inc. (KNT.V) from C$17.50 to C$19.00 in a report on Monday, April 21st. Raymond James upped their price target on shares of K92 Mining Inc. (KNT.V) from C$12.00 to C$14.00 in a report on Friday, April 4th. National Bankshares upped their price target on shares of K92 Mining Inc. (KNT.V) from C$11.75 to C$12.75 and gave the company a “sector perform” rating in a report on Wednesday, March 19th. Finally, Royal Bank of Canada upped their price objective on shares of K92 Mining Inc. (KNT.V) from C$14.00 to C$15.00 in a research report on Friday, April 4th.

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.