K92 Reaches 52-Week High on News

K92 Mining Inc. (V.KNT) hit a new 52-week high of $1.65 Monday. K92 Mining announcd record production of 19,778 oz AuEq for first quarter of 2019 at its Kainantu Gold Mine in Papua New Guinea.

During Q1, K92 produced 19,125 oz of gold, 264,114 pounds of copper and 5,564 oz of silver or 19,778 AuEq oz (based on a gold price of $1,300 U.S./oz; silver $16.5 U.S./oz; copper $2.90 U.S./lb). Q1 production represents a new record for the Kainantu Gold Mine, being almost 20% higher than the previous record production of 16,451 AuEq oz achieved in Q4 2018. Recoveries for Q1 averaged 93.7% for gold and 93.9% copper.

PHX Energy Services Corp. (T.PHX) hit a new 52-week high of $3.50 Monday. PHX’s Board of Directors has approved a $10-million increase to the Corporation’s 2019 capital expenditure program. With this increase the Corporation now anticipates spending $25 million in capital expenditures during the 2019-year.

PHX Energy expects to dedicate the majority of the additional capital expenditures toward increasing the capacity of its fleet of Velocity Real-Time Systems for activity in early 2020. The remainder of the increase to the 2019 Program is anticipated to be allocated toward maintenance of the Velocity and performance motor drilling fleets, including Atlas performance drilling motors.

Cantex Mine Development Corp. (V.CD) hit a new 52-week high of $3.88 Monday. No news announcements today.

DIRTT Environmental Solutions Ltd. (T.DRT) hit a new 52-week high of $9.00 Monday. No news announcements today.

MediPharm Labs Corp. (V.LABS) hit a new 52-week high of $4.76 Monday. No news announcements today.

Cogeco Communications Inc. (T.CCA)hit a new 52-week high of $88.00 Monday. No news announcements today.

Hudbay Minerals Inc. (T.HBM) hit a new 52-week high of $10.13 Monday. No news announcements today.

IOU Financial Inc. (V.IOU) hit a new 52-week high of 27 cents Monday. No news announcements today.

Kingsmen Resources Ltd (V.KNG) hit a new 52-week high of 70 cents Monday. No news announcements today.

New Pacific Metals Corp. (V.NUAG) hit a new 52-week high of $2.50 Monday. No news announcements today.

Quebecor Inc. (T.QBR.B) hit a new 52-week high of $32.85 Monday. No news announcements today.

TransAlta Renewables Inc. (T.RNW) hit a new 52-week high of $14.00 Monday. No news announcements today.

Volcanic Gold Mines Inc (V.VG) hit a new 52-week high of 28 cents Monday. No news announcements today.

Wallbridge Mining Company Limited (T.WM) hit a new 52-week high of 43 cents Monday. No news announcements today.