K92 Mining Inc. (KNT.V) (CVE:KNT) PT Raised to C$9.25 at Canaccord Genuity Group

K92 Mining Inc. (KNT.V) (CVE:KNT) had its price objective increased by Canaccord Genuity Group from C$8.50 to C$9.25 in a report released on Tuesday morning, BayStreet.CA reports.

A number of other brokerages have also recently commented on KNT. Raymond James lifted their price objective on shares of K92 Mining Inc. (KNT.V) from C$8.25 to C$9.00 in a research note on Tuesday. National Bankshares dropped their price objective on shares of K92 Mining Inc. (KNT.V) from C$9.25 to C$8.50 in a research note on Monday, February 26th. Stifel Nicolaus lifted their price target on shares of K92 Mining Inc. (KNT.V) from C$10.00 to C$11.00 in a research note on Wednesday, April 3rd. Finally, Pi Financial lifted their price target on shares of K92 Mining Inc. (KNT.V) from C$11.00 to C$13.00 in a research note on Wednesday, March 6th. Seven equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of Buy and a consensus price target of C$9.98.

K92 Mining Inc. (KNT.V) Stock Performance

Shares of CVE:KNT opened at C$7.99 on Tuesday. K92 Mining Inc. has a 52 week low of C$1.55 and a 52 week high of C$8.50. The stock has a market capitalization of C$1.63 billion and a P/E ratio of 32.48. The firm has a fifty day simple moving average of C$7.99 and a two-hundred day simple moving average of 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.

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.