FY2024 Earnings Forecast for K92 Mining Inc. (TSE:KNT) Issued By Cormark

K92 Mining Inc. (TSE:KNT) – Research analysts at Cormark raised their FY2024 earnings estimates for K92 Mining in a report released on Wednesday, April 17th. Cormark analyst N. Dion now anticipates that the company will post earnings of $0.10 per share for the year, up from their previous 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 reaffirmed a “buy” rating on shares of K92 Mining in a report on Wednesday, March 6th.

K92 Mining Trading Up 1.3 %

Shares of TSE KNT opened at C$7.58 on Friday. The firm’s 50 day moving average price is C$6.51 and its 200-day moving average price is C$6.12. The company has a market cap of C$1.78 billion, a PE 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 debt-to-equity ratio of 1.36, a quick ratio of 3.15 and a current ratio of 3.08.

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.