K92 Mining Inc. to Post FY2024 Earnings of $0.08 Per Share, Cormark Forecasts (TSE:KNT)

K92 Mining Inc. (TSE:KNT) – Investment analysts at Cormark decreased their FY2024 EPS estimates for K92 Mining in a research note issued to investors on Tuesday, April 9th. Cormark analyst N. Dion now expects that the company will post earnings per share of $0.08 for the year, down from their previous estimate of $0.09. The consensus estimate for K92 Mining’s current full-year earnings is $0.17 per share.

Separately, Pi Financial reissued a “buy” rating on shares of K92 Mining in a research report on Wednesday, March 6th.

K92 Mining Price Performance

KNT stock opened at C$7.26 on Thursday. The firm has a market capitalization of C$1.70 billion, a price-to-earnings ratio of 48.40 and a beta of 1.02. The company has a debt-to-equity ratio of 1.87, a quick ratio of 3.15 and a current ratio of 3.07. The firm has a 50 day moving average price of C$6.44 and a 200-day moving average price of C$6.07. K92 Mining has a 52-week low of C$4.64 and a 52-week high of C$7.91.

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 836.8 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.