K92 Mining Inc. (TSE:KNT – Get Rating) – Investment analysts at Desjardins lifted their FY2024 EPS estimates for K92 Mining in a research note issued to investors on Tuesday, May 17th. Desjardins analyst J. Egilo now expects that the company will post earnings of $1.26 per share for the year, up from their previous estimate of $1.06. Desjardins also issued estimates for K92 Mining’s FY2025 earnings at $1.70 EPS.
A number of other research firms have also recently issued reports on KNT. Eight Capital boosted their price objective on shares of K92 Mining from C$13.25 to C$14.00 and gave the company a “buy” rating in a research report on Thursday, April 21st. Canaccord Genuity Group restated a “speculative buy” rating and set a C$8.75 price target on shares of K92 Mining in a report on Monday, January 31st. Raymond James reiterated an “outperform” rating and issued a C$10.00 price objective on shares of K92 Mining in a 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, BMO Capital Markets raised K92 Mining to a “buy” rating and set a C$11.00 price target for the company in a research note on Thursday, February 24th. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of C$11.29.
K92 Mining (TSE:KNT – Get Rating) last announced its quarterly earnings data on Wednesday, March 30th. The company reported C$0.09 earnings per share for the quarter, missing the consensus estimate of C$0.11 by C($0.02). The business had revenue of C$67.99 million during 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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