Cormark Has Positive Forecast for K92 Mining FY2025 Earnings

K92 Mining Inc. (TSE:KNT - Free Report) - Equities researchers at Cormark lifted their FY2025 earnings per share estimates for shares of K92 Mining in a report issued on Tuesday, March 18th. Cormark analyst N. Dion now expects that the company will earn $0.64 per share for the year, up from their prior estimate of $0.59. The consensus estimate for K92 Mining's current full-year earnings is $0.73 per share.

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

K92 Mining Price Performance

Shares of KNT traded down C$0.26 during midday trading on Wednesday, hitting C$11.80. 809,341 shares of the company traded hands, compared to its average volume of 606,755. K92 Mining has a one year low of C$6.15 and a one year high of C$12.11. The firm has a market cap of C$1.99 billion, a P/E ratio of 25.99 and a beta of 1.07. The company has a debt-to-equity ratio of 12.66, a current ratio of 2.83 and a quick ratio of 3.15. The stock has a 50-day moving average of C$10.16 and a 200-day moving average of C$9.23.

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.