K92 Mining (TSE:KNT) Upgraded to “Strong-Buy” at TD Securities

TD Securities upgraded shares of K92 Mining (TSE:KNT) to a strong-buy rating in a research report released on Tuesday,Zacks.com reports.

K92 Mining Trading Up 1.0 %

TSE:KNT opened at C$9.97 on Tuesday. The business’s 50-day moving average is C$9.28 and its two-hundred day moving average is C$8.59. The company has a debt-to-equity ratio of 11.19, a current ratio of 2.95 and a quick ratio of 3.15. K92 Mining has a 12 month low of C$5.27 and a 12 month high of C$10.39. The firm has a market capitalization of C$2.37 billion, a PE ratio of 58.65 and a beta of 1.07.

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.