FY2024 EPS Estimates for K92 Mining Inc. (TSE:KNT) Cut by Desjardins

K92 Mining Inc. (TSE:KNT) – Desjardins dropped their FY2024 earnings per share estimates for shares of K92 Mining in a note issued to investors on Tuesday, April 9th. Desjardins analyst J. Egilo now forecasts that the company will earn $0.16 per share for the year, down from their previous estimate of $0.18. The consensus estimate for K92 Mining’s current full-year earnings is $0.17 per share.

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

K92 Mining Stock Performance

TSE:KNT opened at C$7.26 on Thursday. The stock’s fifty day moving average is C$6.44 and its 200 day moving average is C$6.07. K92 Mining has a fifty-two week low of C$4.64 and a fifty-two week high of C$7.91. The firm has a market capitalization of C$1.70 billion, a PE 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.

K92 Mining Company Profile

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.