FY2026 Earnings Forecast for K92 Mining Issued By Scotiabank

Key Points

• Scotiabank lowered its FY2026 EPS forecast for K92 Mining to $1.70 from $1.71, still above the broader consensus estimate of $0.73 per share.
• Analyst sentiment remains positive, with K92 Mining holding a consensus “Buy” rating and an average price target of C$37.20; recent firms have issued targets ranging from C$33.00 to C$36.00.
• K92 Mining reported C$0.65 in quarterly EPS on C$328.5 million in revenue, while two insiders recently sold shares and company insiders now own 2.53% of the stock.

K92 Mining Inc. (TSE:KNT - Free Report) - Investment analysts at Scotiabank cut their FY2026 earnings per share (EPS) estimates for K92 Mining in a research note issued on Tuesday, August 4th. Scotiabank analyst O. Habib now forecasts that the company will post earnings per share of $1.70 for the year, down from their prior forecast of $1.71. The consensus estimate for K92 Mining's current full-year earnings is $0.73 per share.

Several other equities analysts also recently commented on KNT. Stifel Nicolaus upgraded shares of K92 Mining to a "strong-buy" rating in a report on Monday, June 29th. Desjardins set a C$36.00 price objective on shares of K92 Mining and gave the stock a "buy" rating in a research note on Monday, July 27th. Finally, Raymond James Financial boosted their target price on K92 Mining from C$30.00 to C$33.00 and gave the company an "outperform" rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of C$37.20.

K92 Mining Price Performance

K92 Mining stock opened at C$26.77 on Friday. K92 Mining has a 12-month low of C$14.21 and a 12-month high of C$33.45. The company has a current ratio of 4.87, a quick ratio of 3.15 and a debt-to-equity ratio of 5.53. The firm has a 50-day moving average price of C$22.78 and a 200-day moving average price of C$25.10. The firm has a market capitalization of C$6.56 billion, a PE ratio of 20.75 and a beta of 1.80.

K92 Mining (TSE:KNT - Get Free Report) last posted its quarterly earnings data on Monday, May 11th. The company reported C$0.65 earnings per share for the quarter. K92 Mining had a net margin of 46.05% and a return on equity of 42.98%. The business had revenue of C$328.50 million for the quarter.

Insider Buying and Selling at K92 Mining

In other news, insider David Gregory Medilek sold 50,000 shares of the company's stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of C$24.31, for a total value of C$1,215,500.00. Following the transaction, the insider directly owned 300,000 shares in the company, valued at approximately C$7,293,000. This represents a 14.29% decrease in their ownership of the stock. Also, insider Nancy Carol La Couvee sold 6,700 shares of the firm's stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of C$24.26, for a total transaction of C$162,542.00. Following the completion of the transaction, the insider directly owned 55,550 shares in the company, valued at C$1,347,643. This represents a 10.76% decrease in their position. 2.53% of the stock is currently owned by company insiders.

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.

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