Cormark Weighs in on K92 Mining Inc.’s FY2024 Earnings (TSE:KNT)

K92 Mining Inc. (TSE:KNT) – Cormark decreased their FY2024 earnings per share (EPS) estimates for K92 Mining in a report released on Wednesday, April 3rd. Cormark analyst N. Dion now anticipates that the company will earn $0.09 per share for the year, down from their previous forecast of $0.14. The consensus estimate for K92 Mining’s current full-year earnings is $0.20 per share. Cormark also issued estimates for K92 Mining’s FY2025 earnings at $0.27 EPS.

KNT has been the subject of several other research reports. Stifel Canada reiterated a “buy” rating on shares of K92 Mining in a report on Thursday, December 7th. Pi Financial reaffirmed a “buy” rating on shares of K92 Mining in a research report on Wednesday, March 6th.

K92 Mining Price Performance

TSE KNT opened at C$6.95 on Thursday. The company has a debt-to-equity ratio of 1.87, a quick ratio of 3.15 and a current ratio of 3.07. The stock has a market cap of C$1.63 billion, a price-to-earnings ratio of 46.33 and a beta of 1.02. The business has a 50 day simple moving average of C$6.38 and a 200 day simple moving average of C$6.03. K92 Mining has a 52-week low of C$4.64 and a 52-week high of C$7.94.

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.