K92 Mining’s (CVE:KNT) “Speculative Buy” Rating Reaffirmed at Clarus Securities

Clarus Securities restated their speculative buy rating on shares of K92 Mining (CVE:KNT) in a research note published on Monday, March 26th. Clarus Securities also issued estimates for K92 Mining’s FY2018 earnings at $0.08 EPS, FY2019 earnings at $0.19 EPS, FY2020 earnings at $0.42 EPS and FY2021 earnings at $0.29 EPS.

KNT traded down C$0.03 during trading on Monday, hitting C$0.78. 175,211 shares of the company’s stock were exchanged, compared to its average volume of 364,231. K92 Mining has a fifty-two week low of C$0.41 and a fifty-two week high of C$1.06.

In other news, Director Bryan James Rees Slusarchuk bought 100,000 shares of K92 Mining stock in a transaction dated Monday, March 26th. The stock was purchased at an average price of C$0.65 per share, for a total transaction of C$65,000.00. In the last quarter, insiders bought 313,500 shares of company stock valued at $181,020.

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About K92 Mining

K92 Mining Inc engages in the exploration and development of mineral deposits in Papua New Guinea. It focuses on the Kainantu gold mine that includes the Irumafimpa and Kora deposits covering an area of approximately 410 square kilometers located in the Eastern Highlands province. The company is headquartered in Vancouver, Canada.

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