Ventum Cap Mkts Predicts Stronger Earnings for K92 Mining

K92 Mining Inc. (TSE:KNT) – Equities research analysts at Ventum Cap Mkts lifted their FY2024 earnings estimates for shares of K92 Mining in a report released on Monday, October 28th. Ventum Cap Mkts analyst A. Terentiew now anticipates that the company will post earnings per share of $0.41 for the year, up from their prior estimate 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 issued its earnings results on Tuesday, August 13th. The company reported C$0.03 earnings per share for the quarter, meeting analysts’ consensus estimates of C$0.03. The firm had revenue of C$65.39 million for the quarter, compared to analyst estimates of C$78.48 million. K92 Mining had a net margin of 13.24% and a return on equity of 8.25%.

K92 Mining Stock Up 4.6 %

Shares of KNT opened at C$9.57 on Wednesday. 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 52 week low of C$4.64 and a 52 week high of C$9.91. The stock has a market capitalization of C$2.27 billion, a price-to-earnings ratio of 56.29 and a beta of 1.07. The stock has a fifty day moving average of C$8.20 and a 200-day moving average of C$7.88.

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.