Pi Financial Lowers K92 Mining (KNT) Price Target to C$2.00

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K92 Mining (CVE:KNT) had its price target dropped by analysts at Pi Financial from C$2.10 to C$2.00 in a report issued on Friday. Pi Financial’s target price points to a potential upside of 146.91% from the company’s current price.

Shares of K92 Mining stock traded down C$0.01 during midday trading on Friday, hitting C$0.81. The company’s stock had a trading volume of 84,250 shares, compared to its average volume of 331,982. K92 Mining has a 1-year low of C$0.41 and a 1-year high of C$1.04.

K92 Mining (CVE:KNT) last issued its earnings results on Wednesday, August 15th. The company reported C$0.03 EPS for the quarter. The business had revenue of C$17.71 million during the quarter.

In related news, Director Graham Wheelock sold 46,500 shares of K92 Mining stock in a transaction on Friday, July 13th. The stock was sold at an average price of C$0.98, for a total transaction of C$45,570.00.

K92 Mining Company Profile

K92 Mining Inc engages in the exploration, development, and mining of mineral deposits in Papua New Guinea. The company produces gold, copper, and silver concentrates. Its principal property is 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.

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