K92 Mining (TSE:KNT) Hits New 1-Year High at $7.67

K92 Mining Inc. (TSE:KNT) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as C$7.67 and last traded at C$7.65, with a volume of 57809 shares traded. The stock had previously closed at C$7.55.

Wall Street Analyst Weigh In

Separately, Pi Financial reaffirmed a “buy” rating on shares of K92 Mining in a report on Wednesday, March 6th.

K92 Mining Price Performance

The business’s 50 day moving average is C$6.51 and its 200-day moving average is C$6.12. The firm has a market capitalization of C$1.78 billion, a P/E ratio of 39.89 and a beta of 1.05. The company has a quick ratio of 3.15, a current ratio of 3.08 and a debt-to-equity ratio of 1.36.

K92 Mining 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. The company's mineral properties include the Kainantu gold mine project that covers an area of approximately 836 square kilometers located in the Eastern Highlands province of Papua New Guinea; and the Blue Lake gold-copper porphyry deposit located in the southwest of the Kora and Judd intrusion.