K92 Mining Inc. (OTCMKTS:KNTNF – Get Free Report)’s share price shot up 1% on Monday . The stock traded as high as $22.1910 and last traded at $22.1720. 107,100 shares traded hands during trading, a decline of 12% from the average daily volume of 121,917 shares. The stock had previously closed at $21.95.
K92 Mining Price Performance
The company’s 50-day moving average is $17.29 and its 200 day moving average is $18.23.
K92 Mining Company Profile
K92 Mining Inc is a Canada-based gold and silver mining company focused on the development and production of high-grade mineral resources at its flagship Kainantu Project in Papua New Guinea. The company’s core activities include open-pit and underground mining, ore processing and metallurgical recovery of gold, silver and copper concentrates. K92’s operations utilize modern mining techniques and state-of-the-art processing facilities to optimize recovery rates and cost efficiencies.
The Kainantu Project was acquired in 2015 and reached commercial production in 2017, quickly earning a reputation for some of the highest-grade gold-silver intercepts globally.
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