K92 Mining IncKNT.TOBUYFeb 16, 2017Stock price when the opinion was issued
As of Sep 18, 2026. Market Open.
Gold prices are rising as the USD weakens, and this helps KNT. They continue to expand the mine they bought from Barrick 2 years ago, aiming for full production in a couple of years. They are exploring in Papua New Guinea without issue. Their production is high-grade and low cost. They trade at a discount to peers.
(Analysts’ price target is $34.50)
They have a mine in New Guinea. Once they can produce cash flow and calm investors, you should see the stock move higher. He likes it.