Cormark Has Bullish Forecast for K92 Mining FY2025 Earnings

K92 Mining Inc. (TSE:KNT) – Research analysts at Cormark lifted their FY2025 earnings per share estimates for K92 Mining in a research note issued on Friday, January 24th. Cormark analyst N. Dion now anticipates that the company will post earnings per share of $0.59 for the year, up from their previous estimate of $0.55. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share.

K92 Mining Stock Performance

Shares of K92 Mining stock opened at C$9.49 on Monday. K92 Mining has a one year low of C$5.27 and a one year high of C$10.39. The company has a market cap of C$2.25 billion, a price-to-earnings ratio of 55.82 and a beta of 1.07. The company has a debt-to-equity ratio of 11.19, a quick ratio of 3.15 and a current ratio of 2.95. The business’s 50 day moving average price is C$9.19 and its 200 day moving average price is C$8.53.

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.