Free Trial

Clarus Securities Forecasts Reduced Earnings for K92 Mining

K92 Mining logo with Basic Materials background
Remove Ads

K92 Mining Inc. (TSE:KNT - Free Report) - Research analysts at Clarus Securities reduced their FY2026 earnings per share (EPS) estimates for K92 Mining in a report released on Monday, March 17th. Clarus Securities analyst V. Arora now forecasts that the company will post earnings per share of $0.90 for the year, down from their prior estimate of $0.91. The consensus estimate for K92 Mining's current full-year earnings is $0.73 per share.

Several other research analysts have also commented on the company. TD Securities raised K92 Mining to a "strong-buy" rating in a report on Tuesday, February 4th. Stifel Canada upgraded shares of K92 Mining to a "strong-buy" rating in a research report on Wednesday, March 19th.

Get Our Latest Research Report on K92 Mining

K92 Mining Price Performance

K92 Mining stock traded up C$0.01 during midday trading on Thursday, hitting C$11.81. 614,117 shares of the company's stock were exchanged, compared to its average volume of 606,885. The stock has a 50-day moving average price of C$10.20 and a two-hundred day moving average price of C$9.27. K92 Mining has a 52-week low of C$6.15 and a 52-week high of C$12.11. The company has a market cap of C$1.99 billion, a P/E 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

(Get Free Report)

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.

See Also

Earnings History and Estimates for K92 Mining (TSE:KNT)

Remove Ads

Should You Invest $1,000 in K92 Mining Right Now?

Before you consider K92 Mining, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and K92 Mining wasn't on the list.

While K92 Mining currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Unlock the Potential in Options Trading Cover

Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Time to Buy SoFi? Fintech’s Next Big Move
3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?
Why Palantir’s Future Just Got a Massive Boost

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads