K92 Mining Inc. (KNT.V) (CVE:KNT – Get Free Report) had its target price increased by stock analysts at Canaccord Genuity Group from C$9.25 to C$10.00 in a report released on Tuesday, BayStreet.CA reports. Canaccord Genuity Group’s price target indicates a potential upside of 25.16% from the stock’s current price.
Several other research firms have also recently weighed in on KNT. National Bankshares cut K92 Mining Inc. (KNT.V) from an “outperform” rating to a “sector perform” rating and raised their price target for the company from C$9.00 to C$9.25 in a report on Thursday, May 16th. Scotiabank boosted their price target on shares of K92 Mining Inc. (KNT.V) from C$8.75 to C$9.00 in a research report on Thursday, May 23rd. Stifel Nicolaus upped their price target on shares of K92 Mining Inc. (KNT.V) from C$11.50 to C$13.75 and gave the company a “buy” rating in a research note on Friday, June 28th. Finally, Raymond James increased their price objective on shares of K92 Mining Inc. (KNT.V) from C$8.25 to C$9.00 in a research report on Tuesday, April 23rd. One equities research analyst has rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of C$10.45.
Get Our Latest Report on K92 Mining Inc. (KNT.V)
K92 Mining Inc. (KNT.V) Price Performance
Insider Buying and Selling at K92 Mining Inc. (KNT.V)
In other news, Senior Officer Nancy Carol La Couvee sold 100,000 shares of the company’s stock in a transaction that occurred on Friday, April 26th. The stock was sold at an average price of C$7.69, for a total transaction of C$768,910.00. In other news, Senior Officer Nancy Carol La Couvee sold 100,000 shares of K92 Mining Inc. (KNT.V) stock in a transaction on Friday, April 26th. The stock was sold at an average price of C$7.69, for a total transaction of C$768,910.00. Also, Director Cyndi Dianna Laval sold 225,000 shares of the company’s stock in a transaction dated Friday, June 21st. The stock was sold at an average price of C$7.67, for a total transaction of C$1,725,075.00. Insiders have sold 414,240 shares of company stock worth $3,164,177 over the last quarter.
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.
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