Cormark Has Strong Estimate for K92 Mining FY2024 Earnings

K92 Mining Inc. (TSE:KNTFree Report) – Stock analysts at Cormark lifted their FY2024 earnings per share (EPS) estimates for K92 Mining in a report issued on Friday, November 15th. Cormark analyst N. Dion now forecasts that the company will post earnings of $0.51 per share for the year, up from their prior estimate of $0.46. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share.

K92 Mining Stock Performance

Shares of KNT stock opened at C$8.94 on Monday. K92 Mining has a 12-month low of C$5.21 and a 12-month high of C$9.91. The company has a debt-to-equity ratio of 11.19, a current ratio of 2.95 and a quick ratio of 3.15. The firm has a market capitalization of C$2.12 billion, a price-to-earnings ratio of 52.59 and a beta of 1.07. The business has a 50 day simple moving average of C$8.64 and a 200 day simple moving average of C$8.03.

About K92 Mining

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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.

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Earnings History and Estimates for K92 Mining (TSE:KNT)

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