Cormark Has Bullish Outlook for K92 Mining FY2025 Earnings

K92 Mining Inc. (TSE:KNT) – Investment analysts at Cormark increased their FY2025 EPS estimates for shares of K92 Mining in a report released on Tuesday, March 18th. Cormark analyst N. Dion now forecasts that the company will post earnings of $0.64 per share for the year, up from their prior estimate of $0.59. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share.

Separately, TD Securities upgraded shares of K92 Mining to a “strong-buy” rating in a research note on Tuesday, February 4th.

K92 Mining Stock Performance

TSE KNT opened at C$11.58 on Wednesday. K92 Mining has a 1 year low of C$5.96 and a 1 year high of C$11.80. The company has a debt-to-equity ratio of 12.66, a current ratio of 2.83 and a quick ratio of 3.15. The firm has a market cap of C$1.95 billion, a price-to-earnings ratio of 25.51 and a beta of 1.07. The company has a fifty day moving average price of C$10.05 and a 200-day moving average price of C$9.14.

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.