Stifel Canada Analysts Boost Earnings Estimates for K92 Mining Inc. (TSE:KNT)

K92 Mining Inc. (TSE:KNT) – Equities research analysts at Stifel Canada upped their FY2027 earnings estimates for K92 Mining in a report released on Thursday, June 27th. Stifel Canada analyst S. Soock now expects that the company will post earnings per share of $1.86 for the year, up from their previous estimate of $1.80. The consensus estimate for K92 Mining’s current full-year earnings is $0.19 per share.

K92 Mining (TSE:KNT) last released its quarterly earnings results on Monday, May 13th. The company reported C$0.01 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.05 by C($0.04). K92 Mining had a return on equity of 9.29% and a net margin of 14.21%. The company had revenue of C$80.62 million for the quarter, compared to analyst estimates of C$77.68 million.

A number of other equities research analysts have also recently issued reports on the company. National Bank Financial cut K92 Mining from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 15th. Pi Financial restated a “buy” rating on shares of K92 Mining in a research note on Wednesday, March 6th.

K92 Mining Stock Up 2.2 %

KNT stock opened at C$7.85 on Monday. K92 Mining has a twelve month low of C$4.64 and a twelve month high of C$8.16. The company has a current ratio of 2.80, a quick ratio of 3.15 and a debt-to-equity ratio of 0.94. The company has a market capitalization of C$1.86 billion, a P/E ratio of 43.61 and a beta of 1.02. The firm has a 50 day simple moving average of C$7.67 and a 200-day simple moving average of C$6.93.

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.