FY2025 EPS Estimates for K92 Mining Raised by Analyst

Key Points

• National Bank Financial has raised its FY2025 earnings per share estimate for K92 Mining to $1.16, reflecting a slight increase from the previous estimate of $1.15, maintaining a "Strong-Buy" rating on the stock.
• K92 Mining is experiencing significant performance with a market cap of C$2.50 billion and a price-to-earnings ratio of 32.69, while its stock reached a fifty-two week high of C$16.22.
• The company operates the Kainantu Gold Mine in Papua New Guinea, currently running at an annualized production rate of approximately 120,000 oz AuEq, with future plans to increase production to over 300,000 oz AuEq following an expansion.

K92 Mining Inc. (TSE:KNT - Free Report) - Analysts at National Bank Financial increased their FY2025 earnings per share estimates for K92 Mining in a note issued to investors on Monday, August 11th. National Bank Financial analyst A. Terentiew now anticipates that the company will post earnings of $1.16 per share for the year, up from their previous estimate of $1.15. National Bank Financial currently has a "Strong-Buy" rating on the stock. The consensus estimate for K92 Mining's current full-year earnings is $0.73 per share. National Bank Financial also issued estimates for K92 Mining's FY2028 earnings at $2.14 EPS.

Separately, Ventum Cap Mkts raised shares of K92 Mining to a "strong-buy" rating in a research note on Friday, May 9th.

K92 Mining Stock Performance

TSE:KNT opened at C$14.84 on Wednesday. The company has a market cap of C$2.50 billion, a price-to-earnings ratio of 32.69 and a beta of 1.07. K92 Mining has a fifty-two week low of C$7.01 and a fifty-two week high of C$16.22. The company has a debt-to-equity ratio of 12.66, a quick ratio of 3.15 and a current ratio of 2.83. The stock has a fifty day moving average price of C$15.18 and a 200-day moving average price of C$12.91.

K92 Mining Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.