K92 Mining Inc. to Post FY2024 Earnings of $0.21 Per Share, Pi Financial Forecasts (TSE:KNT)

K92 Mining Inc. (TSE:KNT) – Equities research analysts at Pi Financial boosted their FY2024 earnings estimates for K92 Mining in a research note issued to investors on Tuesday, April 16th. Pi Financial analyst A. Terentiew now expects that the company will post earnings of $0.21 per share for the year, up from their prior forecast of $0.16. Pi Financial currently has a “Buy” rating on the stock. The consensus estimate for K92 Mining’s current full-year earnings is $0.15 per share. Pi Financial also issued estimates for K92 Mining’s FY2025 earnings at $0.55 EPS, FY2026 earnings at $1.28 EPS and FY2027 earnings at $1.68 EPS.

K92 Mining Stock Down 0.9 %

KNT opened at C$7.48 on Wednesday. The business has a 50 day simple moving average of C$6.49 and a 200-day simple moving average of C$6.11. The stock has a market capitalization of C$1.76 billion, a P/E ratio of 39.37 and a beta of 1.05. The company has a debt-to-equity ratio of 1.36, a current ratio of 3.08 and a quick ratio of 3.15. K92 Mining has a 12 month low of C$4.64 and a 12 month high of C$7.67.

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 approximately 836 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.