K92 Mining Inc. to Post Q3 2024 Earnings of $0.10 Per Share, Raymond James Forecasts (TSE:KNT)

K92 Mining Inc. (TSE:KNT) – Analysts at Raymond James increased their Q3 2024 earnings per share estimates for shares of K92 Mining in a note issued to investors on Monday, September 23rd. Raymond James analyst C. Stanley now forecasts that the company will post earnings of $0.10 per share for the quarter, up from their prior forecast of $0.08. The consensus estimate for K92 Mining’s current full-year earnings is $0.67 per share. Raymond James also issued estimates for K92 Mining’s Q4 2024 earnings at $0.12 EPS, FY2024 earnings at $0.27 EPS, Q1 2025 earnings at $0.11 EPS, Q2 2025 earnings at $0.11 EPS, Q3 2025 earnings at $0.14 EPS and Q4 2025 earnings at $0.23 EPS.

K92 Mining Stock Up 1.4 %

KNT opened at C$8.22 on Wednesday. The firm has a market capitalization of C$1.95 billion, a P/E ratio of 51.38 and a beta of 1.07. K92 Mining has a one year low of C$4.64 and a one year high of C$8.60. The company has a fifty day moving average price of C$7.64 and a 200-day moving average price of C$7.50. The company has a debt-to-equity ratio of 11.19, a current ratio of 2.95 and a quick ratio of 3.15.

K92 Mining (TSE:KNT) last issued its quarterly earnings data on Tuesday, August 13th. The company reported C$0.03 EPS for the quarter, meeting the consensus estimate of C$0.03. The company had revenue of C$65.39 million during the quarter, compared to analysts’ expectations of C$78.48 million. K92 Mining had a net margin of 13.24% and a return on equity of 8.25%.

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.