Clarus Securities Comments on K92 Mining FY2027 Earnings

K92 Mining Inc. (TSE:KNT) – Stock analysts at Clarus Securities upped their FY2027 earnings estimates for shares of K92 Mining in a research report issued to clients and investors on Monday, January 26th. Clarus Securities analyst V. Arora now forecasts that the company will earn $2.28 per share for the year, up from their previous estimate of $2.26. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share. Clarus Securities also issued estimates for K92 Mining’s FY2028 earnings at $3.29 EPS.

K92 Mining (TSE:KNT) last issued its earnings results on Monday, November 10th. The company reported C$0.35 earnings per share for the quarter. The business had revenue of C$247.22 million for the quarter. K92 Mining had a return on equity of 20.37% and a net margin of 24.76%.

Several other brokerages have also recently issued reports on KNT. Desjardins upgraded K92 Mining to a “moderate buy” rating in a report on Thursday, November 27th. Scotiabank upped their price objective on shares of K92 Mining from C$20.50 to C$32.00 in a report on Monday. Four equities research analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Strong Buy” and a consensus target price of C$32.00.

K92 Mining Price Performance

TSE:KNT opened at C$28.90 on Tuesday. K92 Mining has a one year low of C$9.26 and a one year high of C$29.61. The stock has a market cap of C$7.03 billion, a PE ratio of 28.06 and a beta of 0.85. The company has a debt-to-equity ratio of 12.66, a quick ratio of 3.15 and a current ratio of 2.83. The stock has a 50 day moving average price of C$23.27 and a 200 day moving average price of C$18.98.

About K92 Mining

K92 Mining Inc owns and operates the high-grade Kainantu Gold Mine in Papua New Guinea which is currently operating at a design annualized production rate of approximately 120,000 oz AuEq per annum and is expected to produce at a run-rate of +300,000 oz AuEq per annum following its Stage 3 Expansion.