K92 Mining FY2024 EPS Forecast Raised by Clarus Securities

K92 Mining Inc. (TSE:KNT) – Stock analysts at Clarus Securities increased their FY2024 earnings estimates for K92 Mining in a research note issued to investors on Wednesday, January 8th. Clarus Securities analyst V. Arora now anticipates that the company will post earnings of $0.60 per share for the year, up from their prior estimate of $0.40. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share. Clarus Securities also issued estimates for K92 Mining’s FY2025 earnings at $0.69 EPS.

K92 Mining Trading Down 3.5 %

Shares of K92 Mining stock opened at C$9.93 on Monday. The company has a 50-day moving average of C$9.00 and a two-hundred day moving average of C$8.38. K92 Mining has a 12-month low of C$5.27 and a 12-month high of C$10.39. The company has a current ratio of 2.95, a quick ratio of 3.15 and a debt-to-equity ratio of 11.19. The stock has a market cap of C$2.36 billion, a PE ratio of 58.41 and a beta of 1.07.

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.