K92 Mining Inc. (OTCMKTS:KNTNF) Short Interest Up 18.9% in August

K92 Mining Inc. (OTCMKTS:KNTNF) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 9,665,500 shares, a growth of 18.9% from the August 15th total of 8,126,500 shares. Based on an average daily volume of 232,000 shares, the days-to-cover ratio is currently 41.7 days.

K92 Mining Stock Up 2.7 %

KNTNF stock traded up $0.16 during trading on Tuesday, reaching $6.17. The company had a trading volume of 97,633 shares, compared to its average volume of 116,108. K92 Mining has a twelve month low of $3.35 and a twelve month high of $6.31. The firm has a 50-day simple moving average of $5.60 and a 200-day simple moving average of $5.43.

K92 Mining 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. The company's mineral properties include the Kainantu gold mine project that covers an area of approximately 836 square kilometers located in the Eastern Highlands province of Papua New Guinea; and the Blue Lake gold-copper porphyry deposit located in the southwest of the Kora and Judd intrusion.