FY2025 EPS Estimates for K92 Mining Lowered by Stifel Canada

Key Points

• Stifel Canada has lowered its FY2025 earnings per share (EPS) estimate for K92 Mining to $1.14, down from $1.18, while the current consensus estimate is $0.73 per share.
• K92 Mining's stock opened at C$14.91 and has a market capitalization of C$2.51 billion, with a P/E ratio of 32.84.
• The company expects to increase its annualized production rate from 120,000 oz AuEq to over 300,000 oz AuEq following its Stage 3 Expansion at the Kainantu Gold Mine in Papua New Guinea.

K92 Mining Inc. (TSE:KNT - Free Report) - Stock analysts at Stifel Canada cut their FY2025 EPS estimates for shares of K92 Mining in a research note issued to investors on Monday, August 11th. Stifel Canada analyst R. Profiti now forecasts that the company will post earnings per share of $1.14 for the year, down from their prior forecast of $1.18. The consensus estimate for K92 Mining's current full-year earnings is $0.73 per share.

KNT has been the topic of several other research reports. National Bank Financial upgraded shares of K92 Mining to a "strong-buy" rating in a research report on Wednesday, July 9th. Ventum Cap Mkts raised shares of K92 Mining to a "strong-buy" rating in a research report on Friday, May 9th.

K92 Mining Trading Up 0.5%

K92 Mining stock opened at C$14.91 on Thursday. The stock has a market cap of C$2.51 billion, a P/E ratio of 32.84 and a beta of 1.07. The company has a debt-to-equity ratio of 12.66, a current ratio of 2.83 and a quick ratio of 3.15. K92 Mining has a 1 year low of C$7.02 and a 1 year high of C$16.22. The firm's 50 day moving average price is C$15.18 and its 200-day moving average price is C$12.92.

About K92 Mining

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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