Q3 Earnings Estimate for K92 Mining Issued By Cormark

K92 Mining Inc. (TSE:KNT) – Investment analysts at Cormark issued their Q3 2024 earnings per share estimates for shares of K92 Mining in a report issued on Wednesday, October 23rd. Cormark analyst N. Dion forecasts that the company will post earnings per share of $0.25 for the quarter. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share.

K92 Mining Price Performance

K92 Mining stock opened at C$9.40 on Friday. The stock has a market cap of C$2.23 billion, a P/E ratio of 55.29 and a beta of 1.07. 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 company’s 50 day moving average price is C$8.07 and its two-hundred day moving average price is C$7.82. K92 Mining has a 52 week low of C$4.64 and a 52 week high of C$9.91.

K92 Mining (TSE:KNT) last announced its earnings results on Tuesday, August 13th. The company reported C$0.03 EPS for the quarter, meeting 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 company had revenue of C$65.39 million during the quarter, compared to the consensus estimate of C$78.48 million.

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.