Q3 2022 Earnings Forecast for K92 Mining Inc. (TSE:KNT) Issued By Raymond James

K92 Mining Inc. (TSE:KNTGet Rating) – Research analysts at Raymond James upped their Q3 2022 EPS estimates for shares of K92 Mining in a research report issued on Monday, May 16th. Raymond James analyst C. Stanley now expects that the company will post earnings per share of $0.12 for the quarter, up from their previous estimate of $0.10. Raymond James has a “Outperform” rating and a $10.00 price target on the stock. Raymond James also issued estimates for K92 Mining’s Q4 2022 earnings at $0.10 EPS and Q4 2023 earnings at $0.10 EPS.

A number of other equities analysts have also weighed in on the company. 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 note on Thursday, April 21st. BMO Capital Markets raised shares of K92 Mining to a “buy” rating and set a C$11.00 price objective for the company in a research report on Thursday, February 24th. Pi Financial reissued a “buy” rating on shares of K92 Mining in a report on Monday, May 2nd. Finally, Canaccord Genuity Group restated a “speculative buy” rating and set a C$8.75 target price on shares of K92 Mining in a research note on Monday, January 31st. Seven equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of C$11.29.

Shares of KNT opened at C$8.17 on Wednesday. The firm has a market capitalization of C$1.83 billion and a PE ratio of 52.37. The company has a debt-to-equity ratio of 6.26, a current ratio of 3.68 and a quick ratio of 2.86. The company’s 50-day moving average is C$8.87 and its 200-day moving average is C$7.91. K92 Mining has a fifty-two week low of C$5.75 and a fifty-two week high of C$10.52.

K92 Mining (TSE:KNTGet Rating) last issued its quarterly earnings results on Wednesday, March 30th. The company reported C$0.09 EPS for the quarter, missing the consensus estimate of C$0.11 by C($0.02). The business had revenue of C$67.99 million for the quarter, compared to analysts’ expectations 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 862 square kilometers located in the Eastern Highlands province of Papua New Guinea.

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Earnings History and Estimates for K92 Mining (TSE:KNT)

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