Q3 Earnings Forecast for K92 Mining Issued By Cormark

K92 Mining Inc. (TSE:KNT) – Cormark issued their Q3 2024 earnings estimates for shares of K92 Mining in a report released on Wednesday, October 23rd. Cormark analyst N. Dion expects that the company will post earnings of $0.25 per share for the quarter. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share.

K92 Mining (TSE:KNT) last announced its earnings results on Tuesday, August 13th. The company reported C$0.03 earnings per share for the quarter, hitting analysts’ consensus estimates of C$0.03. The company had revenue of C$65.39 million for the quarter, compared to analyst estimates of C$78.48 million. K92 Mining had a return on equity of 8.25% and a net margin of 13.24%.

K92 Mining Stock Down 1.7 %

TSE KNT opened at C$9.24 on Friday. The company has a current ratio of 2.95, a quick ratio of 3.15 and a debt-to-equity ratio of 11.19. The company has a market cap of C$2.19 billion, a price-to-earnings ratio of 54.35 and a beta of 1.07. The company has a 50 day moving average of C$8.11 and a 200-day moving average of C$7.83. K92 Mining has a 1-year low of C$4.64 and a 1-year high of C$9.91.

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.