What is Stifel Canada’s Forecast for K92 Mining Q3 Earnings?

K92 Mining Inc. (TSE:KNT) – Stock analysts at Stifel Canada issued their Q3 2024 earnings per share (EPS) estimates for shares of K92 Mining in a research report issued to clients and investors on Monday, October 21st. Stifel Canada analyst S. Soock forecasts that the company will earn $0.29 per share for the quarter. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share. Stifel Canada also issued estimates for K92 Mining’s FY2024 earnings at $0.54 EPS, FY2025 earnings at $0.94 EPS and FY2026 earnings at $1.41 EPS.

K92 Mining (TSE:KNT) last released its quarterly earnings data on Tuesday, August 13th. The company reported C$0.03 earnings per share for the quarter, meeting analysts’ consensus estimates of C$0.03. The firm had revenue of C$65.39 million during the quarter, compared to analyst estimates of C$78.48 million. K92 Mining had a return on equity of 8.25% and a net margin of 13.24%.

K92 Mining Price Performance

Shares of K92 Mining stock opened at C$9.24 on Thursday. The firm has a market cap of C$2.19 billion, a PE ratio of 54.35 and a beta of 1.07. The company’s fifty day simple moving average is C$8.11 and its two-hundred day simple moving average is C$7.83. 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$4.64 and a 12-month high of C$9.91.

K92 Mining Company Profile

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.