K92 Mining Inc. (KNT.V) (CVE:KNT) Price Target Raised to C$33.00 at TD Securities

K92 Mining Inc. (KNT.V) (CVE:KNT) had its target price boosted by TD Securities from C$23.00 to C$33.00 in a research note issued to investors on Thursday,BayStreet.CA reports.

Other equities research analysts also recently issued reports about the stock. Canaccord Genuity Group raised their target price on shares of K92 Mining Inc. (KNT.V) from C$24.75 to C$25.50 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Raymond James Financial increased their price objective on K92 Mining Inc. (KNT.V) from C$18.00 to C$21.00 in a report on Friday, October 10th. Royal Bank Of Canada boosted their target price on K92 Mining Inc. (KNT.V) from C$32.00 to C$36.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 13th. Desjardins set a C$26.00 target price on K92 Mining Inc. (KNT.V) and gave the company a “buy” rating in a research report on Friday, November 28th. Finally, Ventum Financial raised their price target on K92 Mining Inc. (KNT.V) from C$24.00 to C$29.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Six equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of C$25.28.

K92 Mining Inc. (KNT.V) Stock Performance

Shares of K92 Mining Inc. (KNT.V) stock opened at C$7.99 on Thursday. K92 Mining Inc. has a twelve month low of C$1.55 and a twelve month high of C$8.50. The company has a quick ratio of 2.43, a current ratio of 3.25 and a debt-to-equity ratio of 4.93. The business has a 50-day moving average price of C$7.99 and a 200-day moving average price of C$7.99. The firm has a market cap of C$1.63 billion and a price-to-earnings ratio of 32.48.

About K92 Mining Inc. (KNT.V)

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.