K92 Mining Inc. (TSE:KNT) Forecasted to Earn FY2024 Earnings of $0.21 Per Share

K92 Mining Inc. (TSE:KNT) – Equities researchers at Pi Financial lifted their FY2024 earnings estimates for K92 Mining in a research report issued on Tuesday, April 16th. Pi Financial analyst A. Terentiew now expects that the company will post earnings of $0.21 per share for the year, up from their prior estimate of $0.16. Pi Financial has a “Buy” rating on the stock. The consensus estimate for K92 Mining’s current full-year earnings is $0.15 per share. Pi Financial also issued estimates for K92 Mining’s FY2025 earnings at $0.55 EPS, FY2026 earnings at $1.28 EPS and FY2027 earnings at $1.68 EPS.

K92 Mining Stock Performance

Shares of KNT stock opened at C$7.48 on Wednesday. The company has a market capitalization of C$1.76 billion, a P/E ratio of 39.37 and a beta of 1.05. K92 Mining has a 12-month low of C$4.64 and a 12-month high of C$7.67. The business’s 50 day moving average is C$6.49 and its two-hundred day moving average is C$6.11. The company has a current ratio of 3.08, a quick ratio of 3.15 and a debt-to-equity ratio of 1.36.

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 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.