Clarus Securities Predicts Stronger Earnings for K92 Mining

K92 Mining Inc. (TSE:KNT) – Research analysts at Clarus Securities boosted their FY2024 earnings estimates for K92 Mining in a research report issued to clients and investors on Wednesday, January 8th. Clarus Securities analyst V. Arora now anticipates that the company will post earnings per share of $0.60 for the year, up from their prior forecast of $0.40. 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 $0.69 EPS.

K92 Mining Price Performance

K92 Mining stock opened at C$9.70 on Monday. The stock has a 50-day moving average price of C$9.00 and a two-hundred day moving average price of C$8.40. K92 Mining has a 12 month low of C$5.27 and a 12 month high of C$10.39. The company has a market capitalization of C$2.30 billion, a PE ratio of 57.06 and a beta of 1.07. The company has a current ratio of 2.95, a quick ratio of 3.15 and a debt-to-equity ratio of 11.19.

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.