Ventum Cap Mkts Forecasts Stronger Earnings for K92 Mining

K92 Mining Inc. (TSE:KNT) – Equities research analysts at Ventum Cap Mkts increased their FY2024 earnings estimates for K92 Mining in a research report issued on Monday, October 28th. Ventum Cap Mkts analyst A. Terentiew now anticipates that the company will post earnings of $0.41 per share for the year, up from their prior forecast of $0.22. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share. Ventum Cap Mkts also issued estimates for K92 Mining’s FY2026 earnings at $0.59 EPS and FY2027 earnings at $0.94 EPS.

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

K92 Mining Stock Performance

Shares of K92 Mining stock opened at C$9.40 on Wednesday. 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 market cap of C$2.23 billion, a PE ratio of 55.29 and a beta of 1.07. The business has a fifty day simple moving average of C$8.24 and a 200-day simple moving average of C$7.90.

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.