Cormark Has Optimistic Outlook of K92 Mining FY2025 Earnings

K92 Mining Inc. (TSE:KNT) – Equities research analysts at Cormark boosted their FY2025 earnings per share (EPS) estimates for shares of K92 Mining in a note issued to investors on Tuesday, March 18th. Cormark analyst N. Dion now expects that the company will earn $0.64 per share for the year, up from their previous forecast of $0.59. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share.

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

K92 Mining Trading Up 3.5 %

K92 Mining stock opened at C$11.99 on Wednesday. The business has a 50 day moving average price of C$10.08 and a two-hundred day moving average price of C$9.18. The company has a quick ratio of 3.15, a current ratio of 2.83 and a debt-to-equity ratio of 12.66. The stock has a market cap of C$2.02 billion, a price-to-earnings ratio of 26.41 and a beta of 1.07. K92 Mining has a 12 month low of C$5.98 and a 12 month high of C$12.03.

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.