Analyst puts $C11.75 rating on K92

CANACCORD Genuity has put out a note on Papua Guinea gold producer K92 Mining, restating its “buy” rating and $C11.75 target price for the company following the release of the first quarter 2021 financial results.

Analyst puts $C11.75 rating on K92 Analyst puts $C11.75 rating on K92 Analyst puts $C11.75 rating on K92 Analyst puts $C11.75 rating on K92 Analyst puts $C11.75 rating on K92

The polymetallic Kainantu mine

Among the highlights, Canaccord noted that gold sales for the quarter from Kainantu gold mine in the Eastern Highlands totalled 21.9 thousand ounces, generating revenues of $29.5 million.

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