Desjardins Research Analysts Lower Earnings Estimates for K92 Mining Inc. (TSE:KNT)

K92 Mining Inc. (TSE:KNT) – Desjardins lowered their FY2024 EPS estimates for shares of K92 Mining in a note issued to investors on Tuesday, November 14th. Desjardins analyst J. Egilo now forecasts that the company will post earnings per share of $0.23 for the year, down from their previous forecast of $0.46. The consensus estimate for K92 Mining’s current full-year earnings is $0.32 per share. Desjardins also issued estimates for K92 Mining’s FY2025 earnings at $0.58 EPS.

K92 Mining Trading Up 3.6 %

Shares of TSE KNT opened at C$5.40 on Friday. The stock has a market cap of C$1.27 billion, a P/E ratio of 30.00 and a beta of 1.00. The firm has a 50 day moving average price of C$5.52 and a two-hundred day moving average price of C$5.89. The company has a debt-to-equity ratio of 2.37, a quick ratio of 3.15 and a current ratio of 3.32. K92 Mining has a 52-week low of C$4.64 and a 52-week high of C$8.86.

K92 Mining Company Profile

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 836.8 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.