K92 Mining (TSE:KNT) Shares Up 5.3% – What’s Next?

Posted by Brian Himes on Jun 17th, 2026

K92 Mining Inc. (TSE:KNT – Get Free Report) shot up 5.3% on Monday . The company traded as high as C$25.00 and last traded at C$23.86. 729,667 shares traded hands during mid-day trading, a decline of 13% from the average session volume of 843,159 shares. The stock had previously closed at C$22.65.

Analyst Upgrades and Downgrades

KNT has been the topic of a number of recent analyst reports. Raymond James Financial lifted their price objective on shares of K92 Mining from C$30.00 to C$33.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Royal Bank Of Canada lifted their price target on shares of K92 Mining from C$36.00 to C$46.00 in a report on Thursday, March 12th. Finally, Desjardins set a C$40.00 target price on shares of K92 Mining and gave the company a “buy” rating in a report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. Based on data from MarketBeat.com, K92 Mining has an average rating of “Buy” and an average price target of C$38.00.

Check Out Our Latest Stock Report on KNT

K92 Mining Stock Down 2.7%

The firm’s fifty day moving average price is C$25.03 and its two-hundred day moving average price is C$25.17. The stock has a market cap of C$5.74 billion, a price-to-earnings ratio of 18.16 and a beta of 1.71. The company has a debt-to-equity ratio of 5.53, a current ratio of 4.87 and a quick ratio of 3.15.

K92 Mining (TSE:KNT – Get Free Report) last posted its earnings results on Monday, May 11th. The company reported C$0.65 EPS for the quarter. The company had revenue of C$328.50 million during the quarter. K92 Mining had a net margin of 46.05% and a return on equity of 42.98%. Sell-side analysts forecast that K92 Mining Inc. will post 0.7321867 earnings per share for the current fiscal year.

Insider Transactions at K92 Mining

In other K92 Mining news, insider Nancy Carol La Couvee sold 6,700 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of C$24.26, for a total value of C$162,542.00. Following the completion of the sale, the insider directly owned 55,550 shares of the company’s stock, valued at approximately C$1,347,643. This represents a 10.76% decrease in their position. Also, insider David Gregory Medilek sold 50,000 shares of the company’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of C$24.31, for a total transaction of C$1,215,500.00. Following the completion of the sale, the insider directly owned 300,000 shares of the company’s stock, valued at C$7,293,000. The trade was a 14.29% decrease in their ownership of the stock. Corporate insiders own 2.53% of the company’s stock.

K92 Mining Company Profile

(Get Free Report)

K92 Mining Inc is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine. The Company declared commercial production from Kainantu in February 2018, is in a strong financial position, and is working to become a Tier 1 mid-tier producer through ongoing expansions. A maiden resource estimate on the Blue Lake copper-gold porphyry project was completed in August 2022.