K92 Mining Inc. Expected to Earn FY2024 Earnings of $0.10 Per Share (TSE:KNT)

K92 Mining Inc. (TSE:KNT) – Stock analysts at Cormark lifted their FY2024 earnings per share (EPS) estimates for shares of K92 Mining in a research note issued on Wednesday, April 17th. Cormark analyst N. Dion now anticipates that the company will post earnings per share of $0.10 for the year, up from their prior forecast of $0.08. The consensus estimate for K92 Mining’s current full-year earnings is $0.15 per share. Cormark also issued estimates for K92 Mining’s FY2025 earnings at $0.28 EPS and FY2026 earnings at $0.58 EPS.

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

K92 Mining Trading Up 1.2 %

TSE KNT opened at C$7.67 on Friday. The firm has a market capitalization of C$1.80 billion, a P/E ratio of 40.37 and a beta of 1.05. The business has a fifty day simple moving average of C$6.53 and a 200 day simple moving average of C$6.14. K92 Mining has a 12 month low of C$4.64 and a 12 month high of C$7.67. The company has a current ratio of 3.08, a quick ratio of 3.15 and a debt-to-equity ratio of 1.36.

About K92 Mining

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.