Clarus Securities Expects Stronger Earnings for K92 Mining

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

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

K92 Mining Stock Performance

Shares of K92 Mining stock opened at C$11.99 on Wednesday. The firm has a market cap of C$2.02 billion, a price-to-earnings ratio of 26.41 and a beta of 1.07. The stock’s 50-day moving average is C$10.08 and its 200-day moving average is C$9.18. K92 Mining has a one year low of C$5.98 and a one year high of C$12.03. The company has a debt-to-equity ratio of 12.66, a current ratio of 2.83 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.