K92 Mining (TSE:KNT) Hits New 12-Month High at $7.84

K92 Mining Inc. (TSE:KNT) reached a new 52-week high on Tuesday . The stock traded as high as C$7.84 and last traded at C$7.83, with a volume of 528796 shares changing hands. The stock had previously closed at C$7.66.

Analysts Set New Price Targets

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

K92 Mining Stock Performance

The company has a debt-to-equity ratio of 1.36, a current ratio of 3.08 and a quick ratio of 3.15. The firm has a market cap of C$1.84 billion, a price-to-earnings ratio of 41.21 and a beta of 1.05. The firm has a fifty day simple moving average of C$6.80 and a two-hundred day simple moving average of C$6.30.

K92 Mining (TSE:KNT) last released its earnings results on Monday, April 1st. The company reported C$0.12 EPS for the quarter. K92 Mining had a return on equity of 10.05% and a net margin of 16.56%. The firm had revenue of C$102.55 million during the quarter, compared to the consensus estimate of C$88.22 million. On average, analysts expect that K92 Mining Inc. will post 0.2058658 EPS for the current 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.