K92 Mining Inc. (KNT.V) (CVE:KNT) PT Raised to C$9.00

K92 Mining Inc. (KNT.V) (CVE:KNT) had its price target boosted by stock analysts at Raymond James from C$8.25 to C$9.00 in a research report issued on Tuesday, BayStreet.CA reports. Raymond James’ price objective would indicate a potential upside of 12.64% from the stock’s current price.

Several other brokerages have also recently weighed in on KNT. Stifel Nicolaus upped their price target on shares of K92 Mining Inc. (KNT.V) from C$10.00 to C$11.00 in a research report on Wednesday, April 3rd. Pi Financial boosted their price objective on shares of K92 Mining Inc. (KNT.V) from C$11.00 to C$13.00 in a research note on Wednesday, March 6th. Finally, National Bankshares cut their price target on shares of K92 Mining Inc. (KNT.V) from C$9.25 to C$8.50 in a research note on Monday, February 26th. Seven investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$9.98.

K92 Mining Inc. (KNT.V) Price Performance

K92 Mining Inc. (KNT.V) stock opened at C$7.99 on Tuesday. The stock has a market cap of C$1.63 billion and a price-to-earnings ratio of 32.48. The company has a debt-to-equity ratio of 4.93, a current ratio of 3.25 and a quick ratio of 2.43. K92 Mining Inc. has a 1 year low of C$1.55 and a 1 year high of C$8.50. The firm has a 50-day moving average of C$7.99 and a two-hundred day moving average of C$7.99.

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.