Analysts Offer Predictions for K92 Mining Inc.’s Q1 2024 Earnings (TSE:KNT)

K92 Mining Inc. (TSE:KNT) – Desjardins issued their Q1 2024 earnings per share (EPS) estimates for K92 Mining in a research note issued on Tuesday, April 23rd. Desjardins analyst J. Egilo anticipates that the company will earn $0.07 per share for the quarter. The consensus estimate for K92 Mining’s current full-year earnings is $0.15 per share.

K92 Mining (TSE:KNT) last posted its earnings results on Monday, April 1st. The company reported C$0.12 earnings per share for the quarter. The company had revenue of C$102.55 million during the quarter, compared to analyst estimates of C$88.22 million. K92 Mining had a return on equity of 10.05% and a net margin of 16.56%.

Separately, Pi Financial restated a “buy” rating on shares of K92 Mining in a report on Wednesday, March 6th.

K92 Mining Stock Up 0.5 %

K92 Mining stock opened at C$7.73 on Thursday. The business has a fifty day moving average of C$6.65 and a two-hundred day moving average of C$6.21. The company has a quick ratio of 3.15, a current ratio of 3.08 and a debt-to-equity ratio of 1.36. The firm has a market cap of C$1.82 billion, a P/E ratio of 40.68 and a beta of 1.05. K92 Mining has a twelve month low of C$4.64 and a twelve month high of C$7.81.

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.