Ventum Cap Mkts Predicts Reduced Earnings for K92 Mining

K92 Mining Inc. (TSE:KNT - Free Report) - Analysts at Ventum Cap Mkts dropped their FY2025 earnings per share estimates for shares of K92 Mining in a research note issued to investors on Monday, October 28th. Ventum Cap Mkts analyst A. Terentiew now anticipates that the company will post earnings of $0.46 per share for the year, down from their previous estimate of $0.56. The consensus estimate for K92 Mining's current full-year earnings is $0.73 per share.

K92 Mining Stock Performance

Shares of KNT stock traded up C$0.42 on Tuesday, hitting C$9.57. The company's stock had a trading volume of 1,229,082 shares, compared to its average volume of 676,272. K92 Mining has a fifty-two week low of C$4.64 and a fifty-two week high of C$9.91. The company has a debt-to-equity ratio of 11.19, a quick ratio of 3.15 and a current ratio of 2.95. The stock's 50 day moving average is C$8.20 and its 200-day moving average is C$7.88. The company has a market capitalization of C$2.27 billion, a PE ratio of 56.29 and a beta of 1.07.

K92 Mining (TSE:KNT - Get Free Report) last released its quarterly earnings results on Tuesday, August 13th. The company reported C$0.03 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$0.03. The business had revenue of C$65.39 million during the quarter, compared to the consensus estimate of C$78.48 million. K92 Mining had a return on equity of 8.25% and a net margin of 13.24%.

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.