K92 Mining IncKNT.TOTOP PICKMar 03, 2026Stock 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)
On the back of an abrupt pullback in gold prices, we reiterate KNT as a TOP PICK. Recently reported earnings showed record cash reserves, revenue increases of 47% and record production rates. We continue to recommend a stop at $25, looking to achieve $36 — upside potential over 18%. Yield 0%
(Analysts’ price target is $34.55)