FY2026 Earnings Estimate for K92 Mining Issued By Scotiabank

K92 Mining Inc. (TSE:KNT) – Research analysts at Scotiabank raised their FY2026 earnings estimates for shares of K92 Mining in a research note issued on Wednesday, August 19th. Scotiabank analyst O. Habib now forecasts that the company will post earnings per share of $1.72 for the year, up from their prior forecast of $1.70. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share.

K92 Mining (TSE:KNT) last posted its quarterly earnings results on Monday, August 10th. The company reported C$0.48 earnings per share for the quarter. K92 Mining had a net margin of 45.48% and a return on equity of 43.29%. The business had revenue of C$291.61 million during the quarter.

KNT has been the subject of a number of other research reports. Desjardins set a C$36.00 target price on K92 Mining and gave the company a “buy” rating in a research note on Monday, July 27th. Stifel Nicolaus raised K92 Mining to a “strong-buy” rating in a research note on Monday, June 29th. Finally, Raymond James Financial boosted their price objective on K92 Mining from C$30.00 to C$33.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$37.20.

K92 Mining Stock Up 1.8%

Shares of TSE:KNT opened at C$30.75 on Monday. The stock has a market capitalization of C$7.56 billion, a P/E ratio of 20.92 and a beta of 1.80. The stock’s 50-day moving average price is C$24.16 and its 200-day moving average price is C$25.23. The company has a current ratio of 5.38, a quick ratio of 3.15 and a debt-to-equity ratio of 4.48. K92 Mining has a 12-month low of C$14.88 and a 12-month high of C$33.45.

K92 Mining Company Profile

K92 Mining Inc is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine. The Company declared commercial production from Kainantu in February 2018, is in a strong financial position, and is working to become a Tier 1 mid-tier producer through ongoing expansions. A maiden resource estimate on the Blue Lake copper-gold porphyry project was completed in August 2022.