What is Cormark’s Forecast for K92 Mining Q3 Earnings?

K92 Mining Inc. (TSE:KNT) – Investment analysts at Cormark issued their Q3 2024 earnings per share (EPS) estimates for shares of K92 Mining in a report issued on Wednesday, October 23rd. Cormark analyst N. Dion expects that the company will post earnings of $0.25 per share for the quarter. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share.

K92 Mining Stock Performance

TSE:KNT opened at C$9.24 on Friday. 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 has a twelve month low of C$4.64 and a twelve month high of C$9.91. The company has a fifty day moving average of C$8.15 and a 200-day moving average of C$7.85. The firm has a market capitalization of C$2.19 billion, a P/E ratio of 54.35 and a beta of 1.07.

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

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.