K92 Mining Inc. to Post FY2024 Earnings of $0.16 Per Share, Cormark Forecasts (TSE:KNT)

K92 Mining Inc. (TSE:KNT) – Research analysts at Cormark lifted their FY2024 earnings estimates for K92 Mining in a note issued to investors on Tuesday, May 7th. Cormark analyst N. Dion now expects that the company will post earnings per share of $0.16 for the year, up from their previous estimate of $0.10. The consensus estimate for K92 Mining’s current full-year earnings is $0.21 per share.

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

K92 Mining Trading Up 0.1 %

Shares of KNT opened at C$7.84 on Thursday. K92 Mining has a fifty-two week low of C$4.64 and a fifty-two week high of C$7.93. The company has a debt-to-equity ratio of 1.36, a quick ratio of 3.15 and a current ratio of 3.08. The company’s fifty day moving average is C$6.84 and its 200 day moving average is C$6.31. The stock has a market capitalization of C$1.84 billion, a PE ratio of 41.26 and a beta of 1.05.

K92 Mining (TSE:KNT) last announced its quarterly earnings results on Monday, April 1st. The company reported C$0.12 EPS for the quarter. K92 Mining had a return on equity of 10.05% and a net margin of 16.56%. The company had revenue of C$102.55 million during the quarter, compared to analyst estimates of C$88.22 million.

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.