Clarus Securities Raises Earnings Estimates for K92 Mining

K92 Mining Inc. (TSE:KNTFree Report) – Research analysts at Clarus Securities raised their FY2027 earnings estimates for K92 Mining in a research note issued to investors on Monday, January 26th. Clarus Securities analyst V. Arora now forecasts that the company will post earnings per share of $2.28 for the year, up from their prior forecast of $2.26. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share. Clarus Securities also issued estimates for K92 Mining’s FY2028 earnings at $3.29 EPS.

KNT has been the topic of a number of other reports. Scotiabank boosted their price objective on K92 Mining from C$20.50 to C$32.00 in a research note on Monday. Desjardins raised shares of K92 Mining to a “moderate buy” rating in a report on Thursday, November 27th. Four equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Strong Buy” and an average target price of C$32.00.

View Our Latest Analysis on KNT

K92 Mining Price Performance

K92 Mining stock opened at C$28.46 on Tuesday. K92 Mining has a one year low of C$9.26 and a one year high of C$28.90. The business has a fifty day moving average price of C$23.07 and a 200-day moving average price of C$18.91. The company has a debt-to-equity ratio of 12.66, a current ratio of 2.83 and a quick ratio of 3.15. The firm has a market capitalization of C$6.93 billion, a P/E ratio of 27.63 and a beta of 0.85.

K92 Mining (TSE:KNTGet Free Report) last released its quarterly earnings data on Monday, November 10th. The company reported C$0.35 EPS for the quarter. K92 Mining had a net margin of 24.76% and a return on equity of 20.37%. The company had revenue of C$247.22 million during the quarter.

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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