In a report released yesterday, Craig Stanley from Raymond James maintained a Buy rating on K92 Mining, with a price target of C$21.00. The company’s shares closed yesterday at C$19.27.
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According to TipRanks, Stanley is a 5-star analyst with an average return of 23.4% and a 60.36% success rate. Stanley covers the Basic Materials sector, focusing on stocks such as AbraSilver Resource, Lundin Gold, and Montage Gold Corp..
Currently, the analyst consensus on K92 Mining is a Strong Buy with an average price target of C$19.25.
Based on K92 Mining’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of C$96.34 million and a net profit of C$39.2 million. In comparison, last year the company earned a revenue of C$47.79 million and had a net profit of C$6.14 million
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of KNT in relation to earlier this year.
Read More on TSE:KNT:
Disclaimer & DisclosureReport an Issue
- K92 Mining Reports Robust Q3 Production and Advances Stage 3 Expansion
- K92 Mining Addresses Legal Claims and Misleading Article
- K92 Mining’s Promising Expansion and Growth Potential Earns Buy Rating
- K92 Mining Reports Major Exploration Successes at Arakompa and Wera
- K92 Mining Enhances Leadership in Community Affairs with Key Appointments
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