What is Cormark’s Forecast for K92 Mining FY2025 Earnings?

K92 Mining Inc. (TSE:KNT) – Investment analysts at Cormark upped their FY2025 EPS estimates for K92 Mining in a research report issued on Tuesday, November 11th. Cormark analyst N. Dion now forecasts that the company will post earnings of $1.58 per share for the year, up from their prior estimate of $1.30. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share. Cormark also issued estimates for K92 Mining’s FY2026 earnings at $1.92 EPS.

K92 Mining (TSE:KNT) last issued its quarterly earnings data on Monday, November 10th. The company reported C$0.35 EPS for the quarter. The firm had revenue of C$247.22 million for the quarter. K92 Mining had a net margin of 24.76% and a return on equity of 20.37%.

K92 Mining Price Performance

KNT stock opened at C$20.12 on Thursday. The company has a market cap of C$4.87 billion, a PE ratio of 23.13 and a beta of 0.95. The company has a current ratio of 2.83, a quick ratio of 3.15 and a debt-to-equity ratio of 12.66. The stock has a 50-day moving average price of C$17.74 and a two-hundred day moving average price of C$15.71. K92 Mining has a 12-month low of C$8.10 and a 12-month high of C$21.28.

Insider Transactions at K92 Mining

In other news, Director Cyndi Dianna Laval sold 9,400 shares of the business’s stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of C$17.63, for a total transaction of C$165,722.00. Following the transaction, the director directly owned 170,994 shares of the company’s stock, valued at approximately C$3,014,624.22. The trade was a 5.21% decrease in their ownership of the stock. Corporate insiders own 2.53% of the company’s stock.

About K92 Mining

K92 Mining Inc owns and operates the high-grade Kainantu Gold Mine in Papua New Guinea which is currently operating at a design annualized production rate of approximately 120,000 oz AuEq per annum and is expected to produce at a run-rate of +300,000 oz AuEq per annum following its Stage 3 Expansion.