K92 Mining (TSE:KNT) Reaches New 1-Year High at $7.74

K92 Mining Inc. (TSE:KNT)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$7.74 and last traded at C$7.68, with a volume of 530416 shares traded. The stock had previously closed at C$7.44.

Analyst Upgrades and Downgrades

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

K92 Mining Trading Up 0.5 %

The firm’s fifty day simple moving average is C$6.65 and its 200-day simple moving average is C$6.21. The company has a debt-to-equity ratio of 1.36, a quick ratio of 3.15 and a current ratio of 3.08. The stock has a market cap of C$1.82 billion, a P/E ratio of 40.68 and a beta of 1.05.

K92 Mining (TSE:KNT) last issued its earnings results on Monday, April 1st. The company reported C$0.12 earnings per share for the quarter. The business had revenue of C$102.55 million for the quarter, compared to analyst estimates of C$88.22 million. K92 Mining had a return on equity of 10.05% and a net margin of 16.56%. Equities research analysts expect that K92 Mining Inc. will post 0.1494515 EPS for the current fiscal year.

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.