Clarus Securities Lifts Earnings Estimates for K92 Mining

K92 Mining Inc. (TSE:KNT) – Equities research analysts at Clarus Securities boosted their FY2025 EPS estimates for shares of K92 Mining in a research note issued to investors on Monday, March 17th. Clarus Securities analyst V. Arora now forecasts that the company will earn $0.81 per share for the year, up from their prior estimate of $0.69. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share.

Separately, TD Securities upgraded shares of K92 Mining to a “strong-buy” rating in a research note on Tuesday, February 4th.

K92 Mining Stock Performance

Shares of K92 Mining stock opened at C$12.06 on Wednesday. The firm has a market cap of C$2.03 billion, a PE ratio of 26.56 and a beta of 1.07. The firm’s 50-day simple moving average is C$10.12 and its 200-day simple moving average is C$9.20. The company has a debt-to-equity ratio of 12.66, a quick ratio of 3.15 and a current ratio of 2.83. K92 Mining has a 1 year low of C$6.15 and a 1 year high of C$12.11.

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.