Cormark Brokers Decrease Earnings Estimates for K92 Mining Inc. (TSE:KNT)

K92 Mining Inc. (TSE:KNT) – Investment analysts at Cormark decreased their FY2025 earnings per share estimates for shares of K92 Mining in a research report issued on Friday, October 11th. Cormark analyst N. Dion now forecasts that the company will post earnings of $0.35 per share for the year, down from their prior estimate of $0.38. The consensus estimate for K92 Mining’s current full-year earnings is $0.66 per share.

K92 Mining Stock Up 0.9 %

Shares of KNT stock opened at C$9.23 on Monday. The company’s fifty day simple moving average is C$7.76 and its two-hundred day simple moving average is C$7.69. K92 Mining has a 52 week low of C$4.64 and a 52 week high of C$9.38. The stock has a market cap of C$2.19 billion, a P/E ratio of 57.69 and a beta of 1.07. The company has a quick ratio of 3.15, a current ratio of 2.95 and a debt-to-equity ratio of 11.19.

K92 Mining (TSE:KNT) last released its earnings results on Tuesday, August 13th. The company reported C$0.03 EPS for the quarter, hitting the consensus estimate of C$0.03. The firm had revenue of C$65.39 million for the quarter, compared to the consensus estimate of C$78.48 million. K92 Mining had a net margin of 13.24% and a return on equity of 8.25%.

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.