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

K92 Mining Inc. (TSE:KNT) – Research analysts at Cormark increased their FY2024 earnings per share estimates for shares of K92 Mining in a research note issued 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 prior estimate of $0.10. The consensus estimate for K92 Mining’s current full-year earnings is $0.21 per share.

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

K92 Mining Stock Performance

TSE:KNT opened at C$7.84 on Thursday. The company has a current ratio of 3.08, a quick ratio of 3.15 and a debt-to-equity ratio of 1.36. K92 Mining has a 1 year low of C$4.64 and a 1 year high of C$7.93. The firm’s fifty day simple moving average is C$6.84 and its 200 day simple moving average is C$6.31. The firm 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 released its quarterly earnings results on Monday, April 1st. The company reported C$0.12 EPS for the quarter. K92 Mining had a net margin of 16.56% and a return on equity of 10.05%. The company had revenue of C$102.55 million for 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.