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Cormark Analysts Boost Earnings Estimates for K92 Mining Inc. (TSE:KNT)

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K92 Mining Inc. (TSE:KNT - Free Report) - Equities research analysts at Cormark lifted their FY2024 earnings per share (EPS) estimates for K92 Mining in a research note issued on Tuesday, May 14th. Cormark analyst N. Dion now anticipates that the company will post earnings of $0.19 per share for the year, up from their prior estimate of $0.16. The consensus estimate for K92 Mining's current full-year earnings is $0.21 per share. Cormark also issued estimates for K92 Mining's FY2025 earnings at $0.36 EPS.

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

View Our Latest Stock Report on K92 Mining

K92 Mining Stock Performance

Shares of TSE KNT traded up C$0.09 during midday trading on Wednesday, reaching C$7.93. 283,497 shares of the company were exchanged, compared to its average volume of 633,685. The company has a current ratio of 3.08, a quick ratio of 3.15 and a debt-to-equity ratio of 1.36. K92 Mining has a 1 year low of C$4.64 and a 1 year high of C$8.06. The stock has a fifty day simple moving average of C$7.08 and a 200 day simple moving average of C$6.41. The stock has a market cap of C$1.87 billion, a P/E ratio of 41.74 and a beta of 1.05.

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


K92 Mining Company Profile

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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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