K92 Mining (TSE:KNT) Upgraded at Stifel Canada

Stifel Canada upgraded shares of K92 Mining (TSE:KNT) to a strong-buy rating in a report published on Wednesday morning,Zacks.com reports.

Separately, TD Securities raised K92 Mining to a “strong-buy” rating in a report on Tuesday, February 4th.

K92 Mining Trading Down 2.2 %

TSE KNT opened at C$11.80 on Wednesday. The company has a market cap of C$1.99 billion, a PE ratio of 25.99 and a beta of 1.07. The company has a current ratio of 2.83, a quick ratio of 3.15 and a debt-to-equity ratio of 12.66. K92 Mining has a 12 month low of C$6.15 and a 12 month high of C$12.11. The stock has a 50 day moving average of C$10.16 and a 200-day moving average of C$9.21.

About K92 Mining

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.