FY2024 Earnings Estimate for K92 Mining Inc. (TSE:KNT) Issued By Cormark

K92 Mining Inc. (TSE:KNT) – Equities researchers at Cormark reduced their FY2024 earnings per share (EPS) estimates for shares of K92 Mining in a note issued to investors on Wednesday, November 15th. Cormark analyst N. Dion now forecasts that the company will post earnings of $0.21 per share for the year, down from their previous estimate of $0.27. The consensus estimate for K92 Mining’s current full-year earnings is $0.32 per share.

K92 Mining Price Performance

KNT stock opened at C$5.31 on Friday. K92 Mining has a 12-month low of C$4.64 and a 12-month high of C$8.86. The company has a market capitalization of C$1.24 billion, a PE ratio of 29.50 and a beta of 1.00. The company has a current ratio of 3.32, a quick ratio of 3.15 and a debt-to-equity ratio of 2.37. The business’s fifty day moving average price is C$5.51 and its 200 day moving average price is C$5.88.

About K92 Mining

K92 Mining Inc engages in the mining, exploration, and development of mineral deposits in Papua New Guinea. The company produces gold, copper, and silver. The company's mineral properties include the Kainantu gold mine project that covers an area of 836.8 square kilometers located in the Eastern Highlands province of Papua New Guinea; and the Blue Lake gold-copper porphyry deposit located in the southwest of the Kora and Judd intrusion.