K92 Mining Inc. Forecasted to Earn Q1 2024 Earnings of $0.07 Per Share (TSE:KNT)

K92 Mining Inc. (TSE:KNT) – Equities researchers at Desjardins issued their Q1 2024 earnings per share (EPS) estimates for K92 Mining in a research report issued to clients and investors on Tuesday, April 23rd. Desjardins analyst J. Egilo anticipates that the company will post earnings of $0.07 per share for the quarter. The consensus estimate for K92 Mining’s current full-year earnings is $0.15 per share.

Separately, Pi Financial restated a “buy” rating on shares of K92 Mining in a research note on Wednesday, March 6th.

K92 Mining Price Performance

Shares of TSE:KNT opened at C$7.44 on Thursday. The company has a market cap of C$1.75 billion, a P/E ratio of 39.16 and a beta of 1.05. The company has a quick ratio of 3.15, a current ratio of 3.08 and a debt-to-equity ratio of 1.36. K92 Mining has a 52 week low of C$4.64 and a 52 week high of C$7.67. The business has a fifty day simple moving average of C$6.60 and a 200-day simple moving average of C$6.18.

K92 Mining (TSE:KNT) last announced its quarterly earnings data on Monday, April 1st. The company reported C$0.12 EPS for the quarter. The business had revenue of C$102.55 million during the quarter, compared to the consensus estimate of C$88.22 million. K92 Mining had a return on equity of 10.05% and a net margin of 16.56%.

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.