FY2026 Earnings Forecast for K92 Mining Issued By Scotiabank

Key Points

• Scotiabank lowered its FY2026 EPS estimate for K92 Mining to C$1.62 from C$1.72, though this remains above the broader consensus estimate of C$0.73.
• K92 Mining reported quarterly EPS of C$0.48 on C$291.61 million in revenue, with a 43.29% return on equity and a 45.48% net margin.
• Analyst sentiment remains positive, with an average “Buy” rating and a consensus price target of C$37.20; shares recently traded at C$27.75 after declining 5.8%.

K92 Mining Inc. (TSE:KNT - Free Report) - Scotiabank decreased their FY2026 earnings per share estimates for shares of K92 Mining in a research note issued to investors on Friday, September 25th. Scotiabank analyst O. Habib now expects that the company will earn $1.62 per share for the year, down from their prior estimate of $1.72. The consensus estimate for K92 Mining's current full-year earnings is $0.73 per share.

K92 Mining (TSE:KNT - Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The company reported C$0.48 EPS for the quarter. The company had revenue of C$291.61 million for the quarter. K92 Mining had a return on equity of 43.29% and a net margin of 45.48%.

A number of other equities research analysts have also recently issued reports on KNT. Desjardins set a C$36.00 price target on shares of K92 Mining and gave the company a "buy" rating in a research note on Monday, July 27th. Stifel Nicolaus upgraded shares of K92 Mining to a "strong-buy" rating in a research report on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company's stock. Based on data from MarketBeat.com, K92 Mining has an average rating of "Buy" and a consensus target price of C$37.20.

K92 Mining Trading Down 5.8%

Shares of KNT stock opened at C$27.75 on Tuesday. The company has a debt-to-equity ratio of 4.48, a current ratio of 5.38 and a quick ratio of 3.15. The company has a market cap of C$6.82 billion, a price-to-earnings ratio of 18.88 and a beta of 1.98. The stock has a 50 day simple moving average of C$27.66 and a 200-day simple moving average of C$25.27. K92 Mining has a 1-year low of C$16.56 and a 1-year high of C$33.45.

K92 Mining Company Profile

K92 Mining Inc is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine. The Company declared commercial production from Kainantu in February 2018, is in a strong financial position, and is working to become a Tier 1 mid-tier producer through ongoing expansions. A maiden resource estimate on the Blue Lake copper-gold porphyry project was completed in August 2022.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.