FY2024 EPS Estimates for K92 Mining Lifted by Analyst

K92 Mining Inc. (TSE:KNT - Free Report) - Investment analysts at National Bank Financial increased their FY2024 earnings per share (EPS) estimates for K92 Mining in a research report issued to clients and investors on Monday, February 10th. National Bank Financial analyst D. Demarco now anticipates that the company will earn $0.76 per share for the year, up from their prior estimate of $0.58. The consensus estimate for K92 Mining's current full-year earnings is $0.73 per share. National Bank Financial also issued estimates for K92 Mining's Q4 2024 earnings at $0.34 EPS and FY2025 earnings at $1.02 EPS.

Separately, TD Securities raised shares of K92 Mining to a "strong-buy" rating in a research note on Tuesday, February 4th.

K92 Mining Price Performance

Shares of KNT stock traded down C$0.38 during trading hours on Thursday, hitting C$10.23. 575,507 shares of the company's stock were exchanged, compared to its average volume of 588,786. The firm has a 50 day moving average of C$9.45 and a two-hundred day moving average of C$8.72. K92 Mining has a fifty-two week low of C$5.27 and a fifty-two week high of C$10.71. The firm has a market cap of C$1.72 billion, a P/E ratio of 22.53 and a beta of 1.07. The company has a quick ratio of 3.15, a current ratio of 2.83 and a debt-to-equity ratio of 12.66.

About K92 Mining

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.