K92 Mining Inc. (KNT.V) (CVE:KNT) Director Mark Price Eaton Sells 50,000 Shares

K92 Mining Inc. (KNT.V) (CVE:KNT) Director Mark Price Eaton sold 50,000 shares of the company’s stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of C$13.11, for a total transaction of C$655,500.00.

Mark Price Eaton also recently made the following trade(s):

• On Monday, March 31st, Mark Price Eaton sold 34,081 shares of K92 Mining Inc. (KNT.V) stock. The stock was sold at an average price of C$12.16, for a total transaction of C$414,322.72.

K92 Mining Inc. (KNT.V) Stock Performance

Shares of CVE:KNT opened at C$7.99 on Wednesday. The stock has a market capitalization of C$1.63 billion and a PE ratio of 32.48. K92 Mining Inc. has a 1 year low of C$1.55 and a 1 year high of C$8.50. The firm has a fifty day moving average price of C$7.99 and a 200 day moving average price of C$7.99. The company has a current ratio of 3.25, a quick ratio of 2.43 and a debt-to-equity ratio of 4.93.

Wall Street Analysts Forecast Growth

KNT has been the topic of a number of research reports. Raymond James upped their price target on shares of K92 Mining Inc. (KNT.V) from C$12.00 to C$14.00 in a research note on Friday, April 4th. National Bankshares upped their price target on shares of K92 Mining Inc. (KNT.V) from C$11.75 to C$12.75 and gave the stock a “sector perform” rating in a research note on Wednesday, March 19th. Stifel Nicolaus upped their price target on shares of K92 Mining Inc. (KNT.V) from C$17.50 to C$19.00 in a research note on Monday, April 21st. Finally, Royal Bank of Canada upped their price target on shares of K92 Mining Inc. (KNT.V) from C$14.00 to C$15.00 in a research note on Friday, April 4th.

K92 Mining Inc. (KNT.V) 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. 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.