FY2026 Earnings Estimate for K92 Mining Issued By Scotiabank

K92 Mining Inc. (TSE:KNT) – Equities research analysts at Scotiabank raised their FY2026 earnings per share (EPS) estimates for shares of K92 Mining in a report released on Wednesday, July 15th. Scotiabank analyst O. Habib now expects that the company will post earnings of $1.71 per share for the year, up from their previous forecast of $1.67. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share.

KNT has been the topic of several other research reports. Desjardins set a C$40.00 target price on K92 Mining and gave the company a “buy” rating in a report on Thursday, April 23rd. Stifel Nicolaus raised K92 Mining to a “strong-buy” rating in a research note on Monday, June 29th. Finally, Raymond James Financial boosted their price objective on shares of K92 Mining from C$30.00 to C$33.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of C$38.00.

K92 Mining Stock Performance

Shares of KNT stock opened at C$20.60 on Monday. The stock has a fifty day moving average price of C$23.52 and a 200 day moving average price of C$25.21. The company has a debt-to-equity ratio of 5.53, a quick ratio of 3.15 and a current ratio of 4.87. The stock has a market cap of C$5.05 billion, a PE ratio of 15.97 and a beta of 1.81. K92 Mining has a 1 year low of C$14.13 and a 1 year high of C$33.45.

K92 Mining (TSE:KNT) last released its quarterly earnings data on Monday, May 11th. The company reported C$0.65 earnings per share for the quarter. K92 Mining had a return on equity of 42.98% and a net margin of 46.05%.The firm had revenue of C$328.50 million during the quarter.

Insider Buying and Selling

In other K92 Mining news, insider David Gregory Medilek sold 50,000 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of C$24.31, for a total transaction of C$1,215,500.00. Following the sale, the insider owned 300,000 shares in the company, valued at approximately C$7,293,000. This represents a 14.29% decrease in their position. Also, insider Nancy Carol La Couvee sold 6,700 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of C$24.26, for a total value of C$162,542.00. Following the transaction, the insider directly owned 55,550 shares of the company’s stock, valued at C$1,347,643. The trade was a 10.76% decrease in their position. 2.53% of the stock is currently owned by corporate insiders.

About K92 Mining

K92 Mining Inc is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine. The Company declared commercial production from Kainantu in February 2018, is in a strong financial position, and is working to become a Tier 1 mid-tier producer through ongoing expansions. A maiden resource estimate on the Blue Lake copper-gold porphyry project was completed in August 2022.