K92 Mining Inc. Forecasted to Post FY2024 Earnings of $0.21 Per Share (TSE:KNT)

K92 Mining Inc. (TSE:KNT) – Pi Financial lifted their FY2024 EPS estimates for K92 Mining in a research report issued on Tuesday, April 16th. Pi Financial analyst A. Terentiew now anticipates that the company will earn $0.21 per share for the year, up from their previous forecast of $0.16. Pi Financial currently has a “Buy” rating on the stock. The consensus estimate for K92 Mining’s current full-year earnings is $0.15 per share. Pi Financial also issued estimates for K92 Mining’s FY2025 earnings at $0.55 EPS, FY2026 earnings at $1.28 EPS and FY2027 earnings at $1.68 EPS.

K92 Mining Price Performance

Shares of TSE KNT opened at C$7.58 on Wednesday. The business’s 50 day moving average price is C$6.51 and its 200 day moving average price is C$6.12. The firm has a market cap of C$1.78 billion, a P/E ratio of 39.89 and a beta of 1.05. K92 Mining has a 52 week low of C$4.64 and a 52 week high of C$7.67. 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

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.