FY2022 Earnings Estimate for K92 Mining Inc. Issued By Desjardins (TSE:KNT)

K92 Mining Inc. (TSE:KNTGet Rating) – Equities researchers at Desjardins raised their FY2022 earnings estimates for shares of K92 Mining in a note issued to investors on Tuesday, May 17th. Desjardins analyst J. Egilo now anticipates that the company will post earnings of $0.43 per share for the year, up from their prior estimate of $0.35. Desjardins also issued estimates for K92 Mining’s FY2023 earnings at $0.45 EPS.

Other equities analysts have also issued research reports about the stock. Canaccord Genuity Group restated a “speculative buy” rating and set a C$8.75 price target on shares of K92 Mining in a research report on Monday, January 31st. BMO Capital Markets raised K92 Mining to a “buy” rating and set a C$11.00 price target for the company in a report on Thursday, February 24th. Raymond James restated an “outperform” rating and issued a C$10.00 price objective on shares of K92 Mining in a research report on Thursday, February 17th. Pi Financial reissued a “buy” rating on shares of K92 Mining in a research note on Monday, May 2nd. Finally, Eight Capital raised their target price on shares of K92 Mining from C$13.25 to C$14.00 and gave the company a “buy” rating in a research note on Thursday, April 21st. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat, K92 Mining has an average rating of “Buy” and an average price target of C$11.29.

Shares of K92 Mining stock opened at C$8.14 on Thursday. The firm has a market cap of C$1.83 billion and a PE ratio of 52.18. K92 Mining has a 1 year low of C$5.75 and a 1 year high of C$10.52. 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 stock has a fifty day moving average price of C$8.86 and a 200-day moving average price of C$7.91.

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

K92 Mining Company Profile (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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