Brokers Set Expectations for K92 Mining Inc.’s Q1 2024 Earnings (TSE:KNT)

K92 Mining Inc. (TSE:KNT) – Research analysts at Desjardins issued their Q1 2024 EPS estimates for K92 Mining in a note issued to investors on Tuesday, April 23rd. Desjardins analyst J. Egilo forecasts that the company will post earnings of $0.07 per share for the quarter. The consensus estimate for K92 Mining’s current full-year earnings is $0.15 per share.

K92 Mining (TSE:KNT) last posted its quarterly earnings data on Monday, April 1st. The company reported C$0.12 earnings per share for the quarter. K92 Mining had a net margin of 16.56% and a return on equity of 10.05%. The business had revenue of C$102.55 million during the quarter, compared to analyst estimates of C$88.22 million.

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

K92 Mining Stock Performance

Shares of KNT stock opened at C$7.69 on Thursday. K92 Mining has a one year low of C$4.64 and a one year high of C$7.74. The company has a debt-to-equity ratio of 1.36, a quick ratio of 3.15 and a current ratio of 3.08. The company has a 50 day moving average price of C$6.63 and a 200 day moving average price of C$6.19. The firm has a market capitalization of C$1.81 billion, a price-to-earnings ratio of 40.47 and a beta of 1.05.

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.