K92 Mining Inc. (OTCMKTS:KNTNF – Get Free Report) shares were up 0.2% during mid-day trading on Monday. The company traded as high as $19.3180 and last traded at $19.2940. Approximately 30,703 shares traded hands during mid-day trading, a decline of 74% from the average session volume of 116,324 shares. The stock had previously closed at $19.25.
K92 Mining Trading Down 0.6%
The firm has a 50-day moving average price of $20.28 and a 200 day moving average price of $18.24.
About K92 Mining
K92 Mining Inc is a mineral exploration, development and production company focused on precious- and base-metal assets in Papua New Guinea. Its principal operation is the Kainantu Gold Mine, an underground mining and processing operation in the Eastern Highlands Province. The mine produces gold, with copper and silver also associated with the mineralization.
K92 acquired the Kainantu project in 2014 and restarted commercial production in 2016. The company has continued to invest in underground development, processing capacity and exploration around the Kainantu property, with the goal of expanding and extending the operation.
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