Brokers Set Expectations for K92 Mining Inc.'s Q1 2024 Earnings (TSE:KNT)

K92 Mining Inc. (TSE:KNT - Free Report) - Equities research analysts at Raymond James increased their Q1 2024 EPS estimates for K92 Mining in a research report issued on Tuesday, April 23rd. Raymond James analyst C. Stanley now expects that the company will earn $0.04 per share for the quarter, up from their prior estimate of $0.01. The consensus estimate for K92 Mining's current full-year earnings is $0.15 per share. Raymond James also issued estimates for K92 Mining's Q3 2024 earnings at $0.08 EPS, Q4 2024 earnings at $0.08 EPS and FY2024 earnings at $0.22 EPS.

K92 Mining (TSE:KNT - Get Free Report) last announced its earnings results on Monday, April 1st. The company reported C$0.12 earnings per share (EPS) for the quarter. K92 Mining had a net margin of 16.56% and a return on equity of 10.05%. The company had revenue of C$102.55 million for the quarter, compared to analyst estimates of C$88.22 million.

Separately, Pi Financial restated a "buy" rating on shares of K92 Mining in a report on Wednesday, March 6th.

Check Out Our Latest Analysis on K92 Mining

K92 Mining Trading Up 0.5 %

TSE KNT traded up C$0.04 during trading hours on Friday, hitting C$7.73. The company's stock had a trading volume of 487,088 shares, compared to its average volume of 646,619. The stock has a fifty day moving average of C$6.65 and a 200 day moving average of C$6.21. K92 Mining has a twelve month low of C$4.64 and a twelve month high of C$7.81. The firm has a market capitalization of C$1.82 billion, a P/E ratio of 40.68 and a beta of 1.05. The company has a quick ratio of 3.15, a current ratio of 3.08 and a debt-to-equity ratio of 1.36.


K92 Mining Company Profile

(Get Free Report)

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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