Cormark Has Optimistic Outlook of K92 Mining FY2025 Earnings

K92 Mining Inc. (TSE:KNT) – Equities researchers at Cormark raised their FY2025 EPS estimates for shares of K92 Mining in a research note issued to investors on Thursday, October 9th. Cormark analyst N. Dion now forecasts that the company will earn $1.35 per share for the year, up from their prior forecast of $1.15. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share.

Separately, National Bank Financial upgraded shares of K92 Mining to a “strong-buy” rating in a research report on Wednesday, July 9th. Four analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

K92 Mining Price Performance

Shares of TSE:KNT opened at C$19.07 on Friday. K92 Mining has a fifty-two week low of C$8.10 and a fifty-two week high of C$19.93. The company has a quick ratio of 3.15, a current ratio of 2.83 and a debt-to-equity ratio of 12.66. The company has a market cap of C$4.62 billion, a PE ratio of 21.92 and a beta of 0.71. The firm has a 50-day simple moving average of C$16.10 and a 200 day simple moving average of C$14.65.

K92 Mining Company Profile

K92 Mining Inc owns and operates the high-grade Kainantu Gold Mine in Papua New Guinea which is currently operating at a design annualized production rate of approximately 120,000 oz AuEq per annum and is expected to produce at a run-rate of +300,000 oz AuEq per annum following its Stage 3 Expansion.