Insider Selling: K92 Mining Inc. (KNT.V) (CVE:KNT) Director Sells C$376,600.00 in Stock

K92 Mining Inc. (KNT.V) (CVE:KNT) Director Mark Price Eaton sold 40,000 shares of K92 Mining Inc. (KNT.V) stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of C$9.42, for a total transaction of C$376,600.00.

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

• On Friday, November 29th, Mark Price Eaton sold 10,000 shares of K92 Mining Inc. (KNT.V) stock. The shares were sold at an average price of C$9.16, for a total transaction of C$91,600.00.

K92 Mining Inc. (KNT.V) Stock Performance

KNT stock opened at C$7.99 on Monday. K92 Mining Inc. has a twelve month low of C$1.55 and a twelve month high of C$8.50. The firm has a market cap of C$1.63 billion and a price-to-earnings ratio of 32.48. The business’s fifty day simple moving average is C$7.99 and its two-hundred day simple moving average is C$7.99. The company has a quick ratio of 2.43, a current ratio of 3.25 and a debt-to-equity ratio of 4.93.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on KNT shares. Scotiabank upped their price objective on K92 Mining Inc. (KNT.V) from C$9.50 to C$10.00 in a research report on Thursday, November 21st. Stifel Nicolaus increased their price target on K92 Mining Inc. (KNT.V) from C$15.00 to C$15.50 in a report on Monday, October 21st. Royal Bank of Canada raised their price target on K92 Mining Inc. (KNT.V) from C$12.00 to C$13.00 in a research report on Friday. Cormark boosted their price objective on shares of K92 Mining Inc. (KNT.V) from C$12.50 to C$14.00 in a research report on Friday, October 11th. Finally, Eight Capital raised their target price on shares of K92 Mining Inc. (KNT.V) from C$14.00 to C$16.00 in a report on Thursday, October 17th.

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.