FY2024 EPS Estimates for K92 Mining Raised by Analyst

K92 Mining Inc. (TSE:KNT) – Equities research analysts at National Bank Financial upped their FY2024 earnings estimates for shares of K92 Mining in a note issued to investors on Monday, February 10th. National Bank Financial analyst D. Demarco now expects that the company will earn $0.76 per share for the year, up from their previous forecast 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 upgraded shares of K92 Mining to a “strong-buy” rating in a report on Tuesday, February 4th.

K92 Mining Price Performance

K92 Mining stock opened at C$10.55 on Thursday. The stock has a market cap of C$2.51 billion, a P/E ratio of 62.06 and a beta of 1.07. 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 company’s 50 day moving average price is C$9.41 and its two-hundred day moving average price is C$8.68. K92 Mining has a 52 week low of C$5.27 and a 52 week high of C$10.71.

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.