Cormark Has Negative Outlook of K92 Mining FY2025 Earnings

K92 Mining Inc. (TSE:KNTFree Report) – Equities researchers at Cormark cut their FY2025 earnings estimates for shares of K92 Mining in a research report issued on Monday, October 27th. Cormark analyst N. Dion now expects that the company will earn $1.30 per share for the year, down from their prior estimate of $1.35. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share. Cormark also issued estimates for K92 Mining’s FY2026 earnings at $1.15 EPS.

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

Check Out Our Latest Stock Analysis on K92 Mining

K92 Mining Price Performance

KNT stock opened at C$17.85 on Wednesday. The firm has a market cap of C$4.32 billion, a P/E ratio of 20.52 and a beta of 0.71. The company has a debt-to-equity ratio of 12.66, a quick ratio of 3.15 and a current ratio of 2.83. K92 Mining has a 1 year low of C$8.10 and a 1 year high of C$21.28. The stock has a 50-day simple moving average of C$17.09 and a 200-day simple moving average of C$15.31.

Insider Buying and Selling

In other news, Director Cyndi Dianna Laval sold 9,400 shares of K92 Mining stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of C$17.63, for a total value of C$165,722.00. Following the completion of the transaction, the director owned 170,994 shares in the company, valued at approximately C$3,014,624.22. This trade represents a 5.21% decrease in their position. 2.53% of the stock is currently owned by corporate insiders.

K92 Mining Company Profile

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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.

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Earnings History and Estimates for K92 Mining (TSE:KNT)

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