FY2024 Earnings Forecast for K92 Mining Inc. (TSE:KNT) Issued By Cormark

K92 Mining Inc. (TSE:KNT) – Stock analysts at Cormark raised their FY2024 earnings estimates for K92 Mining in a report released on Wednesday, April 17th. Cormark analyst N. Dion now forecasts that the company will earn $0.10 per share for the year, up from their prior estimate of $0.08. The consensus estimate for K92 Mining’s current full-year earnings is $0.15 per share. Cormark also issued estimates for K92 Mining’s FY2025 earnings at $0.28 EPS and FY2026 earnings at $0.58 EPS.

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

K92 Mining Stock Performance

TSE:KNT opened at C$7.58 on Friday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 3.15 and a current ratio of 3.08. The company has a fifty day moving average of C$6.51 and a two-hundred day moving average of C$6.12. The stock has a market capitalization of C$1.78 billion, a PE ratio of 39.89 and a beta of 1.05. K92 Mining has a fifty-two week low of C$4.64 and a fifty-two week high of C$7.67.

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.