K92 Mining Inc. (OTCMKTS:KNTNF – Get Free Report) shares shot up 4.6% on Thursday . The company traded as high as $16.81 and last traded at $16.81. 88,905 shares changed hands during trading, a decline of 29% from the average session volume of 125,374 shares. The stock had previously closed at $16.07.
K92 Mining Stock Down 3.6%
The company’s fifty day moving average is $16.17 and its two-hundred day moving average is $18.16.
About K92 Mining
K92 Mining Inc is a Canada-based gold and silver mining company focused on the development and production of high-grade mineral resources at its flagship Kainantu Project in Papua New Guinea. The company’s core activities include open-pit and underground mining, ore processing and metallurgical recovery of gold, silver and copper concentrates. K92’s operations utilize modern mining techniques and state-of-the-art processing facilities to optimize recovery rates and cost efficiencies.
The Kainantu Project was acquired in 2015 and reached commercial production in 2017, quickly earning a reputation for some of the highest-grade gold-silver intercepts globally.
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