K92 Mining Inc. (OTCMKTS:KNTNF) Receives Average Rating of “Buy” from Brokerages

Shares of K92 Mining Inc. (OTCMKTS:KNTNF) have earned an average recommendation of “Buy” from the six ratings firms that are covering the stock, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a buy rating.

A number of research analysts recently commented on KNTNF shares. BMO Capital Markets restated an “outperform” rating on shares of K92 Mining in a research note on Tuesday. Raymond James Financial reissued an “outperform” rating on shares of K92 Mining in a research report on Friday, October 10th. Scotiabank reiterated an “outperform” rating on shares of K92 Mining in a research note on Monday. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of K92 Mining in a report on Tuesday, January 13th.

K92 Mining Stock Down 3.1%

K92 Mining stock opened at $20.63 on Tuesday. The business has a 50 day moving average price of $16.96 and a two-hundred day moving average price of $13.74. K92 Mining has a 12 month low of $6.40 and a 12 month high of $21.77.

K92 Mining Company Profile

K92 Mining Inc is a Canada-based gold and silver mining company focused on the development and production of high-grade mineral resources at its flagship Kainantu Project in Papua New Guinea. The company’s core activities include open-pit and underground mining, ore processing and metallurgical recovery of gold, silver and copper concentrates. K92’s operations utilize modern mining techniques and state-of-the-art processing facilities to optimize recovery rates and cost efficiencies.

The Kainantu Project was acquired in 2015 and reached commercial production in 2017, quickly earning a reputation for some of the highest-grade gold-silver intercepts globally.