K92 Mining Inc. (TSE:KNT) Expected to Earn FY2024 Earnings of $0.19 Per Share

K92 Mining Inc. (TSE:KNT) – Ventum Cap Mkts lowered their FY2024 EPS estimates for shares of K92 Mining in a report issued on Monday, May 6th. Ventum Cap Mkts analyst A. Terentiew now anticipates that the company will post earnings per share of $0.19 for the year, down from their previous forecast of $0.21. The consensus estimate for K92 Mining’s current full-year earnings is $0.21 per share.

Separately, Pi Financial reaffirmed a “buy” rating on shares of K92 Mining in a research note on Wednesday, March 6th.

K92 Mining Stock Up 0.1 %

KNT opened at C$7.84 on Thursday. The stock has a market capitalization of C$1.84 billion, a price-to-earnings ratio of 41.26 and a beta of 1.05. K92 Mining has a 12 month low of C$4.64 and a 12 month high of C$7.93. The company has a debt-to-equity ratio of 1.36, a current ratio of 3.08 and a quick ratio of 3.15. The business has a 50-day moving average of C$6.84 and a two-hundred day moving average of C$6.31.

K92 Mining (TSE:KNT) last issued its quarterly earnings results on Monday, April 1st. The company reported C$0.12 earnings per share for the quarter. The company had revenue of C$102.55 million during the quarter, compared to the consensus estimate of C$88.22 million. K92 Mining had a return on equity of 10.05% and a net margin of 16.56%.

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.