Cormark Comments on K92 Mining’s FY2024 Earnings (TSE:KNT)

K92 Mining Inc. (TSE:KNTFree Report) – Cormark upped their FY2024 earnings estimates for K92 Mining in a research 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 forecast 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 opened at C$8.94 on Monday. The company has a quick ratio of 3.15, a current ratio of 2.95 and a debt-to-equity ratio of 11.19. K92 Mining has a 12 month low of C$5.21 and a 12 month high of C$9.91. The company’s fifty day moving average is C$8.64 and its 200-day moving average is C$8.03. The firm has a market cap of C$2.12 billion, a price-to-earnings ratio of 52.59 and a beta of 1.07.

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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