K92 Mining (KNTNF) Projected to Post Earnings on Monday

K92 Mining (OTCMKTS:KNTNF) is anticipated to release its results before the market opens on Monday, March 2nd. Analysts expect K92 Mining to post earnings of $0.3343 per share and revenue of $179.6210 million for the quarter.

K92 Mining Stock Up 2.5%

Shares of KNTNF stock opened at $24.10 on Friday. The business’s fifty day moving average is $19.37 and its 200 day moving average is $15.21. K92 Mining has a twelve month low of $6.40 and a twelve month high of $24.16.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Scotiabank reaffirmed an “outperform” rating on shares of K92 Mining in a research report on Monday, January 26th. Royal Bank Of Canada reissued an “outperform” rating on shares of K92 Mining in a research note on Tuesday, January 13th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of K92 Mining in a research note on Tuesday, January 27th. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, K92 Mining currently has a consensus rating of “Buy”.

About K92 Mining

K92 Mining Inc is a Canada-based gold and silver mining company focused on the development and production of high-grade mineral resources at its flagship Kainantu Project in Papua New Guinea. The company’s core activities include open-pit and underground mining, ore processing and metallurgical recovery of gold, silver and copper concentrates. K92’s operations utilize modern mining techniques and state-of-the-art processing facilities to optimize recovery rates and cost efficiencies.

The Kainantu Project was acquired in 2015 and reached commercial production in 2017, quickly earning a reputation for some of the highest-grade gold-silver intercepts globally.