FY2024 EPS Estimates for K92 Mining Boosted by Raymond James

K92 Mining Inc. (TSE:KNT) – Investment analysts at Raymond James upped their FY2024 earnings per share (EPS) estimates for K92 Mining in a research note issued to investors on Thursday, January 23rd. Raymond James analyst C. Stanley now forecasts that the company will post earnings per share of $0.63 for the year, up from their prior estimate of $0.43. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share. Raymond James also issued estimates for K92 Mining’s Q4 2024 earnings at $0.30 EPS, Q2 2025 earnings at $0.10 EPS and Q4 2025 earnings at $0.19 EPS.

K92 Mining Trading Up 1.5 %

Shares of K92 Mining stock opened at C$9.63 on Monday. K92 Mining has a 12-month low of C$5.27 and a 12-month high of C$10.39. The stock has a market capitalization of C$2.29 billion, a P/E ratio of 56.65 and a beta of 1.07. The company has a 50-day simple moving average of C$9.20 and a 200 day simple moving average of C$8.53. The company has a quick ratio of 3.15, a current ratio of 2.95 and a debt-to-equity ratio of 11.19.

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.