Pi Financial Comments on K92 Mining Inc.'s FY2024 Earnings (TSE:KNT)

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K92 Mining Inc. (TSE:KNT - Free Report) - Analysts at Pi Financial boosted their FY2024 earnings per share (EPS) estimates for shares of K92 Mining in a research note issued to investors on Tuesday, April 16th. Pi Financial analyst A. Terentiew now forecasts that the company will post earnings per share of $0.21 for the year, up from their previous forecast of $0.16. Pi Financial currently has a "Buy" rating on the stock. The consensus estimate for K92 Mining's current full-year earnings is $0.15 per share. Pi Financial also issued estimates for K92 Mining's FY2025 earnings at $0.55 EPS, FY2026 earnings at $1.28 EPS and FY2027 earnings at $1.68 EPS.

K92 Mining Price Performance

Shares of K92 Mining stock traded down C$0.07 during midday trading on Wednesday, hitting C$7.48. 840,361 shares of the company were exchanged, compared to its average volume of 644,390. The firm has a 50 day simple moving average of C$6.49 and a 200-day simple moving average of C$6.11. K92 Mining has a 52 week low of C$4.64 and a 52 week high of C$7.67. The firm has a market cap of C$1.76 billion, a P/E ratio of 39.37 and a beta of 1.05. The company has a debt-to-equity ratio of 1.36, a current ratio of 3.08 and a quick ratio of 3.15.

About K92 Mining

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K92 Mining Inc engages in the mining, exploration, and development of mineral deposits in Papua New Guinea. The company produces gold, copper, and silver. The company's mineral properties include the Kainantu gold mine project that covers an area of approximately 836 square kilometers located in the Eastern Highlands province of Papua New Guinea; and the Blue Lake gold-copper porphyry deposit located in the southwest of the Kora and Judd intrusion.

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Earnings History and Estimates for K92 Mining (TSE:KNT)

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