FY2024 EPS Estimates for K92 Mining Boosted by Analyst

K92 Mining Inc. (TSE:KNT) – Investment analysts at National Bank Financial increased their FY2024 EPS estimates for shares of K92 Mining in a research note issued on Monday, February 10th. National Bank Financial analyst D. Demarco now expects that the company will post earnings of $0.76 per share for the year, up from their prior forecast of $0.58. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share. National Bank Financial also issued estimates for K92 Mining’s Q4 2024 earnings at $0.34 EPS and FY2025 earnings at $1.02 EPS.

Separately, TD Securities upgraded K92 Mining to a “strong-buy” rating in a report on Tuesday, February 4th.

K92 Mining Stock Performance

TSE KNT opened at C$10.61 on Thursday. The stock has a market capitalization of C$1.79 billion, a PE ratio of 23.37 and a beta of 1.07. The business has a 50 day simple moving average of C$9.43 and a two-hundred day simple moving average of C$8.70. The company has a debt-to-equity ratio of 12.66, a current ratio of 2.83 and a quick ratio of 3.15. K92 Mining has a 1-year low of C$5.27 and a 1-year high of C$10.71.

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.