FY2024 EPS Estimates for K92 Mining Inc. (TSE:KNT) Reduced by Ventum Cap Mkts

K92 Mining Inc. (TSE:KNT) – Stock analysts at Ventum Cap Mkts lowered their FY2024 earnings per share (EPS) estimates for K92 Mining in a research note issued to investors on Monday, May 6th. Ventum Cap Mkts analyst A. Terentiew now anticipates that the company will post earnings per share of $0.19 for the year, down from their previous estimate of $0.21. The consensus estimate for K92 Mining’s current full-year earnings is $0.21 per share.

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

K92 Mining Stock Up 1.4 %

KNT stock opened at C$7.95 on Thursday. The company’s 50 day moving average price is C$6.89 and its 200 day moving average price is C$6.32. The firm has a market capitalization of C$1.87 billion, a price-to-earnings ratio of 41.84 and a beta of 1.05. K92 Mining has a fifty-two week low of C$4.64 and a fifty-two week high of C$7.95. The company has a debt-to-equity ratio of 1.36, a quick ratio of 3.15 and a current ratio of 3.08.

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

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.