What is Cormark's Estimate for K92 Mining FY2025 Earnings?

Key Points

• Cormark has revised its FY2025 earnings per share (EPS) estimate for K92 Mining down to $1.14, from a previous estimate of $1.21, while the consensus estimate is $0.73.
• Additionally, Cormark forecasts K92 Mining's FY2026 EPS to be $1.27, indicating expected growth after the reduction for FY2025.
• K92 Mining's stock recently opened at C$14.84, reflecting a 0.3% decline and maintaining a market capitalization of C$2.50 billion.

K92 Mining Inc. (TSE:KNT - Free Report) - Stock analysts at Cormark dropped their FY2025 EPS estimates for K92 Mining in a note issued to investors on Tuesday, August 12th. Cormark analyst N. Dion now forecasts that the company will post earnings per share of $1.14 for the year, down from their previous estimate of $1.21. The consensus estimate for K92 Mining's current full-year earnings is $0.73 per share. Cormark also issued estimates for K92 Mining's FY2026 earnings at $1.27 EPS.

Other equities analysts have also issued research reports about the company. National Bank Financial upgraded K92 Mining to a "strong-buy" rating in a research note on Wednesday, July 9th. Ventum Cap Mkts raised K92 Mining to a "strong-buy" rating in a report on Friday, May 9th.

K92 Mining Trading Down 0.3%

Shares of K92 Mining stock opened at C$14.84 on Wednesday. The firm has a 50-day simple moving average of C$15.18 and a two-hundred day simple moving average of C$12.91. The company has a debt-to-equity ratio of 12.66, a quick ratio of 3.15 and a current ratio of 2.83. 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 market cap of C$2.50 billion, a P/E ratio of 32.69 and a beta of 1.07.

About K92 Mining

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.

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