FY2025 Earnings Estimate for K92 Mining Issued By Scotiabank

K92 Mining Inc. (TSE:KNT) – Scotiabank decreased their FY2025 earnings estimates for shares of K92 Mining in a research report issued to clients and investors on Wednesday, March 19th. Scotiabank analyst O. Habib now expects that the company will earn $0.47 per share for the year, down from their prior forecast of $0.48. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share.

Several other brokerages have also recently issued reports on KNT. Stifel Canada upgraded K92 Mining to a “strong-buy” rating in a research note on Wednesday, March 19th. TD Securities upgraded K92 Mining to a “strong-buy” rating in a report on Tuesday, February 4th.

K92 Mining Stock Performance

Shares of KNT stock opened at C$12.06 on Monday. The stock has a market capitalization of C$2.03 billion, a price-to-earnings ratio of 26.56 and a beta of 1.07. K92 Mining has a one year low of C$6.15 and a one year high of C$12.14. The company’s 50-day simple moving average is C$10.24 and its 200-day simple moving average is C$9.31. The company has a debt-to-equity ratio of 12.66, a quick ratio of 3.15 and a current ratio of 2.83.

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 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.