Research Analysts Set Expectations for K92 Mining Inc.’s Q1 2022 Earnings (TSE:KNT)

K92 Mining Inc. (TSE:KNT – Get Rating) – Stock analysts at Desjardins issued their Q1 2022 EPS estimates for K92 Mining in a report released on Thursday, April 21st. Desjardins analyst J. Egilo expects that the company will post earnings per share of $0.06 for the quarter.

Several other equities analysts also recently weighed in on KNT. Eight Capital increased their target price on K92 Mining from C$13.25 to C$14.00 and gave the stock a “buy” rating in a research report on Thursday. Canaccord Genuity Group restated a “speculative buy” rating and issued a C$8.75 price objective on shares of K92 Mining in a report on Monday, January 31st. BMO Capital Markets raised shares of K92 Mining to a “buy” rating and set a C$11.00 target price for the company in a research report on Thursday, February 24th. Finally, Raymond James restated an “outperform” rating and issued a C$10.00 price target on shares of K92 Mining in a report on Thursday, February 17th. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat, K92 Mining currently has an average rating of “Buy” and an average target price of C$11.25.

K92 Mining stock opened at C$9.75 on Friday. The stock’s fifty day moving average is C$8.60 and its two-hundred day moving average is C$7.62. The firm has a market capitalization of C$2.19 billion and a price-to-earnings ratio of 77.38. K92 Mining has a fifty-two week low of C$5.75 and a fifty-two week high of C$10.52. The company has a debt-to-equity ratio of 0.79, a quick ratio of 3.19 and a current ratio of 4.69.

K92 Mining (TSE:KNT – Get Rating) last released its earnings results on Wednesday, March 30th. The company reported C$0.09 EPS for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.02). The business had revenue of C$67.99 million during the quarter, compared to the consensus estimate of C$82.55 million.

About K92 Mining (Get Rating)

K92 Mining Inc engages in the mining, exploration, and development of mineral deposits in Papua New Guinea. The company produces gold, copper, and silver. Its principal property is the Kainantu property that covers an area of 725 square kilometers located in the Eastern Highlands province. K92 Mining Inc is headquartered in Vancouver, Canada.

Featured Articles