FY2026 Earnings Estimate for K92 Mining Issued By Scotiabank

K92 Mining Inc. (TSE:KNT) – Equities research analysts at Scotiabank increased their FY2026 earnings estimates for shares of K92 Mining in a report released on Wednesday, July 15th. Scotiabank analyst O. Habib now forecasts that the company will post earnings of $1.71 per share for the year, up from their prior estimate of $1.67. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share.

K92 Mining (TSE:KNT) last released its earnings results on Monday, May 11th. The company reported C$0.65 earnings per share for the quarter. The firm had revenue of C$328.50 million for the quarter. K92 Mining had a net margin of 46.05% and a return on equity of 42.98%.

A number of other equities research analysts have also recently weighed in on KNT. Desjardins set a C$40.00 price objective on shares of K92 Mining and gave the stock a “buy” rating in a report on Thursday, April 23rd. Raymond James Financial boosted their price target on K92 Mining from C$30.00 to C$33.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Finally, Stifel Nicolaus raised K92 Mining to a “strong-buy” rating in a research report on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. Based on data from MarketBeat.com, K92 Mining presently has a consensus rating of “Buy” and a consensus price target of C$38.00.

K92 Mining Trading Up 4.3%

Shares of TSE KNT opened at C$21.59 on Monday. K92 Mining has a 1 year low of C$14.13 and a 1 year high of C$33.45. The company has a debt-to-equity ratio of 5.53, a current ratio of 4.87 and a quick ratio of 3.15. The firm has a 50-day moving average of C$23.25 and a 200 day moving average of C$25.19. The stock has a market cap of C$5.29 billion, a P/E ratio of 16.74 and a beta of 1.81.

Insider Buying and Selling at K92 Mining

In related news, insider Nancy Carol La Couvee sold 6,700 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of C$24.26, for a total value of C$162,542.00. Following the transaction, the insider owned 55,550 shares in the company, valued at C$1,347,643. The trade was a 10.76% decrease in their position. Also, insider David Gregory Medilek sold 50,000 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of C$24.31, for a total transaction of C$1,215,500.00. Following the sale, the insider directly owned 300,000 shares in the company, valued at C$7,293,000. This trade represents a 14.29% decrease in their ownership of the stock. 2.53% of the stock is owned by company insiders.

K92 Mining Company Profile

K92 Mining Inc is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine. The Company declared commercial production from Kainantu in February 2018, is in a strong financial position, and is working to become a Tier 1 mid-tier producer through ongoing expansions. A maiden resource estimate on the Blue Lake copper-gold porphyry project was completed in August 2022.