Clarus Securities Expects Stronger Earnings for K92 Mining

K92 Mining Inc. (TSE:KNT) – Research analysts at Clarus Securities raised their FY2024 EPS estimates for shares of K92 Mining in a research report issued on Wednesday, January 8th. Clarus Securities analyst V. Arora now expects that the company will post earnings per share of $0.60 for the year, up from their prior forecast of $0.40. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share. Clarus Securities also issued estimates for K92 Mining’s FY2025 earnings at $0.69 EPS.

K92 Mining Stock Down 3.5 %

Shares of K92 Mining stock opened at C$9.93 on Monday. K92 Mining has a one year low of C$5.27 and a one year high of C$10.39. The company has a market cap of C$2.36 billion, a P/E ratio of 58.41 and a beta of 1.07. The company has a debt-to-equity ratio of 11.19, a quick ratio of 3.15 and a current ratio of 2.95. The firm has a fifty day moving average of C$9.00 and a two-hundred day moving average of C$8.38.

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.