K92 Mining Inc. (TSE:KNT - Free Report) - Clarus Securities decreased their FY2024 earnings per share estimates for shares of K92 Mining in a report released on Monday, October 28th. Clarus Securities analyst V. Arora now expects that the company will post earnings per share of $0.40 for the year, down from their previous estimate of $0.44. The consensus estimate for K92 Mining's current full-year earnings is $0.73 per share. Clarus Securities also issued estimates for K92 Mining's FY2025 earnings at $0.58 EPS and FY2026 earnings at $0.62 EPS.
K92 Mining Stock Performance
Shares of K92 Mining stock traded down C$0.17 during trading hours on Wednesday, reaching C$9.40. 460,535 shares of the stock traded hands, compared to its average volume of 675,244. K92 Mining has a one year low of C$4.64 and a one year high of C$9.91. The company has a quick ratio of 3.15, a current ratio of 2.95 and a debt-to-equity ratio of 11.19. The firm has a market capitalization of C$2.23 billion, a price-to-earnings ratio of 56.29 and a beta of 1.07. The company has a 50 day moving average price of C$8.20 and a 200 day moving average price of C$7.88.
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 analysts' consensus estimates 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%.
K92 Mining Company Profile
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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.
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