Brokers Issue Forecasts for K92 Mining FY2024 Earnings

K92 Mining Inc. (TSE:KNT) – Analysts at National Bank Financial boosted their FY2024 earnings estimates for shares of K92 Mining in a research report issued on Wednesday, November 20th. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings per share of $0.58 for the year, up from their prior estimate of $0.54. 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 Q4 2024 earnings at $0.18 EPS and FY2026 earnings at $1.36 EPS.

K92 Mining Price Performance

Shares of K92 Mining stock opened at C$9.34 on Friday. The stock has a market capitalization of C$2.22 billion, a P/E ratio of 54.94 and a beta of 1.07. The business has a 50 day simple moving average of C$8.76 and a two-hundred day simple moving average of C$8.07. K92 Mining has a 12 month low of C$5.26 and a 12 month high of C$9.91. The company has a debt-to-equity ratio of 11.19, a current ratio of 2.95 and a quick ratio of 3.15.

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.