National Bank Financial Estimates K92 Mining Q3 Earnings

K92 Mining Inc. (TSE:KNT) – Analysts at National Bank Financial increased their Q3 2024 earnings estimates for shares of K92 Mining in a note issued to investors on Tuesday, October 22nd. National Bank Financial analyst D. Demarco now forecasts that the company will post earnings of $0.28 per share for the quarter, up from their previous forecast of $0.14. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share. National Bank Financial also issued estimates for K92 Mining’s FY2024 earnings at $0.54 EPS.

K92 Mining Price Performance

Shares of KNT stock opened at C$9.24 on Friday. The firm has a market cap of C$2.19 billion, a price-to-earnings ratio of 54.35 and a beta of 1.07. K92 Mining has a 12 month low of C$4.64 and a 12 month high of C$9.91. The company has a quick ratio of 3.15, a current ratio of 2.95 and a debt-to-equity ratio of 11.19. The stock has a 50-day moving average price of C$8.11 and a 200 day moving average price of C$7.83.

K92 Mining (TSE:KNT) last released 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. K92 Mining had a return on equity of 8.25% and a net margin of 13.24%. The company had revenue of C$65.39 million during the quarter, compared to the consensus estimate of C$78.48 million.

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.