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

Shares of K92 Mining Inc. (OTCMKTS:KNTNF) have earned a consensus recommendation of “Buy” from the six analysts that are covering the stock, Marketbeat.com reports. Six analysts have rated the stock with a buy rating.

Several research firms have commented on KNTNF. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of K92 Mining in a research note on Tuesday, January 13th. BMO Capital Markets restated an “outperform” rating on shares of K92 Mining in a research note on Tuesday, January 27th. Raymond James Financial reiterated an “outperform” rating on shares of K92 Mining in a research report on Friday, October 10th. Finally, Scotiabank restated an “outperform” rating on shares of K92 Mining in a research report on Monday, January 26th.

K92 Mining Stock Up 1.4%

Shares of OTCMKTS:KNTNF opened at $19.00 on Tuesday. K92 Mining has a one year low of $6.40 and a one year high of $21.77. The company has a 50-day simple moving average of $17.17 and a 200-day simple moving average of $13.90.

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.