Cormark Weighs in on K92 Mining’s FY2024 Earnings (TSE:KNT)

K92 Mining Inc. (TSE:KNT) – Analysts at Cormark increased their FY2024 earnings per share estimates for K92 Mining in a note issued to investors on Friday, November 15th. Cormark analyst N. Dion now anticipates that the company will post earnings of $0.51 per share for the year, up from their previous estimate of $0.46. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share.

K92 Mining Stock Performance

TSE:KNT opened at C$8.95 on Monday. The company has a market cap of C$2.13 billion, a price-to-earnings ratio of 52.65 and a beta of 1.07. K92 Mining has a fifty-two week low of C$5.21 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 has a fifty day moving average price of C$8.68 and a 200-day moving average price of C$8.04.

K92 Mining Company Profile

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.