K92 Mining (KNT) Price Target Raised to C$2.25

K92 Mining (CVE:KNT) had its price target raised by analysts at Pi Financial from C$2.20 to C$2.25 in a report released on Monday. Pi Financial’s price target would indicate a potential upside of 44.23% from the company’s current price.

CVE KNT traded up C$0.04 during trading hours on Monday, hitting C$1.56. 307,194 shares of the company’s stock were exchanged, compared to its average volume of 495,253. The company has a market capitalization of $275.34 million and a PE ratio of 91.76. The company has a current ratio of 0.82, a quick ratio of 0.52 and a debt-to-equity ratio of 17.95. K92 Mining has a 12-month low of C$0.57 and a 12-month high of C$1.57.

About K92 Mining

K92 Mining Inc engages in the exploration, development, and mining of mineral deposits in Papua New Guinea. The company produces gold, copper, and silver concentrates. Its principal property is the Kainantu gold mine that includes the Irumafimpa and Kora deposits covering an area of approximately 410 square kilometers located in the Eastern Highlands province.

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