Ventum Cap Mkts Raises Earnings Estimates for K92 Mining

K92 Mining Inc. (TSE:KNT - Free Report) - Equities researchers at Ventum Cap Mkts upped their FY2027 EPS estimates for shares of K92 Mining in a note issued to investors on Monday, March 17th. Ventum Cap Mkts analyst A. Terentiew now expects that the company will post earnings per share of $1.44 for the year, up from their prior forecast of $1.18. The consensus estimate for K92 Mining's current full-year earnings is $0.73 per share.

A number of other brokerages also recently weighed in on KNT. TD Securities upgraded shares of K92 Mining to a "strong-buy" rating in a research report on Tuesday, February 4th. Stifel Canada upgraded K92 Mining to a "strong-buy" rating in a research note on Wednesday, March 19th.

K92 Mining Stock Performance

Shares of KNT traded up C$0.01 during trading hours on Thursday, hitting C$11.81. The stock had a trading volume of 614,117 shares, compared to its average volume of 606,885. The firm has a 50-day moving average price of C$10.20 and a 200 day moving average price of C$9.27. K92 Mining has a fifty-two week low of C$6.15 and a fifty-two week high of C$12.11. The firm has a market capitalization of C$1.99 billion, a price-to-earnings ratio of 26.01 and a beta of 1.07. The company has a debt-to-equity ratio of 12.66, a quick ratio of 3.15 and a current ratio of 2.83.

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.

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