K92 Mining Inc. (OTCMKTS:KNTNF – Get Free Report) was down 3.5% during mid-day trading on Monday . The company traded as low as $20.00 and last traded at $20.35. Approximately 88,583 shares traded hands during trading, a decline of 26% from the average daily volume of 120,413 shares. The stock had previously closed at $21.09.
K92 Mining Price Performance
The stock’s 50 day simple moving average is $18.85 and its two-hundred day simple moving average is $18.26.
About K92 Mining
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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