K92 Mining Inc. Expected to Earn FY2024 Earnings of $0.10 Per Share (TSE:KNT)

K92 Mining Inc. (TSE:KNT) – Equities research analysts at Cormark lifted their FY2024 earnings per share estimates for shares of K92 Mining in a note issued to investors on Wednesday, April 17th. Cormark analyst N. Dion now expects that the company will post earnings of $0.10 per share for the year, up from their previous estimate of $0.08. The consensus estimate for K92 Mining’s current full-year earnings is $0.15 per share. Cormark also issued estimates for K92 Mining’s FY2025 earnings at $0.28 EPS and FY2026 earnings at $0.58 EPS.

Separately, Pi Financial reissued a “buy” rating on shares of K92 Mining in a research report on Wednesday, March 6th.

K92 Mining Trading Up 1.2 %

KNT opened at C$7.67 on Friday. The firm has a market cap of C$1.80 billion, a price-to-earnings ratio of 40.37 and a beta of 1.05. The company has a current ratio of 3.08, a quick ratio of 3.15 and a debt-to-equity ratio of 1.36. K92 Mining has a 12 month low of C$4.64 and a 12 month high of C$7.67. The stock has a fifty day moving average price of C$6.53 and a 200-day moving average price of C$6.14.

K92 Mining Company Profile

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.