Free Trial

Cormark Has Strong Forecast for K92 Mining FY2024 Earnings

K92 Mining logo with Basic Materials background

K92 Mining Inc. (TSE:KNT - Free Report) - Equities research analysts at Cormark lifted their FY2024 earnings estimates for K92 Mining in a research note issued on Thursday, December 5th. Cormark analyst N. Dion now expects that the company will earn $0.52 per share for the year, up from their previous estimate of $0.51. The consensus estimate for K92 Mining's current full-year earnings is $0.73 per share.

K92 Mining Trading Down 1.7 %

KNT stock traded down C$0.16 during midday trading on Friday, hitting C$9.23. The stock had a trading volume of 284,198 shares, compared to its average volume of 661,328. The company's 50-day moving average price is C$8.92 and its 200 day moving average price is C$8.15. The company has a debt-to-equity ratio of 11.19, a current ratio of 2.95 and a quick ratio of 3.15. The firm has a market cap of C$2.19 billion, a PE ratio of 54.29 and a beta of 1.07. K92 Mining has a 12-month low of C$5.26 and a 12-month high of C$9.91.

About K92 Mining

(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.

Recommended Stories

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

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 "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

20 High-Yield Dividend Stocks that Could Ruin Your Retirement Cover

Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.

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

Featured Articles and Offers

Recent Videos

From Landfills to Profits: Opal Fuels CEO Shares How the Company Turns Trash into Cash
The Real Reason Tesla Stock Is Soaring – and Why Tech Expert Says It Won’t Stop
Best ETFs for 2025: Growth, Stability, and AI-Driven Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines