K92 Mining Inc. (OTCMKTS:KNTNF – Get Free Report)’s share price shot up 3.6% during mid-day trading on Tuesday. The company traded as high as $18.56 and last traded at $18.53. Approximately 25,126 shares were traded during trading, a decline of 78% from the average session volume of 112,673 shares. The stock had previously closed at $17.89.
K92 Mining Stock Performance
The company has a 50-day simple moving average of $20.25 and a 200-day simple moving average of $18.78.
About K92 Mining
K92 Mining Inc is a mineral exploration, development and production company focused on gold and other metals. The company’s principal asset is the Kainantu Gold Mine in Papua New Guinea’s Eastern Highlands Province, where it produces gold, copper and silver concentrates from underground mining operations.
K92 acquired the Kainantu project in 2014 and restarted commercial production in 2017. The company has pursued expansion and exploration programs at the mine, including efforts to increase underground mining and processing capacity and to extend the operation’s mineral resources.
K92 Mining is headquartered in Vancouver, Canada, and its activities are primarily concentrated in Papua New Guinea.
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