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

K92 Mining Inc. (TSE:KNT) – Pi Financial upped their FY2024 earnings per share estimates for shares of K92 Mining in a research report issued to clients and investors on Tuesday, April 16th. Pi Financial analyst A. Terentiew now forecasts that the company will post earnings per share of $0.21 for the year, up from their previous estimate 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 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 has a fifty-two week low of C$4.64 and a fifty-two week high of C$7.67. The firm has a market capitalization of C$1.78 billion, a PE ratio of 39.89 and a beta of 1.05. The stock’s 50-day simple moving average is C$6.51 and its 200-day simple moving average is C$6.12.

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.