FY2024 Earnings Forecast for K92 Mining Issued By Scotiabank

K92 Mining Inc. (TSE:KNT) – Stock analysts at Scotiabank upped their FY2024 earnings per share estimates for shares of K92 Mining in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst O. Habib now anticipates that the company will earn $0.33 per share for the year, up from their prior estimate of $0.19. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share.

K92 Mining Trading Down 3.5 %

Shares of KNT opened at C$9.93 on Monday. The stock has a market capitalization of C$2.36 billion, a PE ratio of 58.41 and a beta of 1.07. The company’s fifty day moving average is C$9.00 and its 200 day moving average is C$8.38. The company has a debt-to-equity ratio of 11.19, a quick ratio of 3.15 and a current ratio of 2.95. K92 Mining has a fifty-two week low of C$5.27 and a fifty-two week high of C$10.39.

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.