FY2025 Earnings Forecast for K92 Mining Issued By Scotiabank

K92 Mining Inc. (TSE:KNT - Free Report) - Equities researchers at Scotiabank dropped their FY2025 earnings estimates for shares of K92 Mining in a note issued to investors on Wednesday, March 19th. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $0.47 for the year, down from their previous estimate of $0.48. The consensus estimate for K92 Mining's current full-year earnings is $0.73 per share.

Several other equities research analysts also recently weighed in 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.

K92 Mining Stock Performance

KNT traded up C$0.26 on Monday, hitting C$12.18. 673,770 shares of the company traded hands, compared to its average volume of 605,312. The company has a 50 day moving average of C$10.28 and a 200-day moving average of C$9.34. K92 Mining has a 12-month low of C$6.18 and a 12-month high of C$12.25. The stock has a market capitalization of C$2.05 billion, a PE ratio of 26.83 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.