K92 Mining Q3 EPS Boosted by National Bank Financial

K92 Mining Inc. (TSE:KNT) – Equities research analysts at National Bank Financial upped their Q3 2024 earnings per share estimates for K92 Mining in a note issued to investors on Tuesday, October 22nd. National Bank Financial analyst D. Demarco now forecasts that the company will earn $0.28 per share for the quarter, up from their previous estimate of $0.14. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share. National Bank Financial also issued estimates for K92 Mining’s FY2024 earnings at $0.54 EPS.

K92 Mining Stock Performance

TSE KNT opened at C$9.24 on Friday. The firm’s fifty day moving average price is C$8.15 and its two-hundred day moving average price is C$7.85. K92 Mining has a 1 year low of C$4.64 and a 1 year high of C$9.91. The firm has a market capitalization of C$2.19 billion, a P/E ratio of 54.35 and a beta of 1.07. The company has a current ratio of 2.95, a quick ratio of 3.15 and a debt-to-equity ratio of 11.19.

K92 Mining (TSE:KNT) last released its quarterly earnings data on Tuesday, August 13th. The company reported C$0.03 EPS for the quarter, meeting the consensus estimate of C$0.03. The company had revenue of C$65.39 million during the quarter, compared to the consensus estimate of C$78.48 million. K92 Mining had a return on equity of 8.25% and a net margin of 13.24%.

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.