Cormark Has Bullish Outlook for K92 Mining FY2025 Earnings

K92 Mining Inc. (TSE:KNT) – Stock analysts at Cormark raised their FY2025 earnings estimates for shares of K92 Mining in a report issued on Tuesday, March 18th. Cormark analyst N. Dion now anticipates that the company will post earnings of $0.64 per share for the year, up from their previous forecast of $0.59. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share.

Separately, TD Securities upgraded shares of K92 Mining to a “strong-buy” rating in a research note on Tuesday, February 4th.

K92 Mining Stock Performance

TSE:KNT opened at C$11.58 on Wednesday. The company has a fifty day moving average of C$10.05 and a 200-day moving average of C$9.14. The firm has a market capitalization of C$1.95 billion, a P/E ratio of 25.51 and a beta of 1.07. The company has a quick ratio of 3.15, a current ratio of 2.83 and a debt-to-equity ratio of 12.66. K92 Mining has a twelve month low of C$5.96 and a twelve month high of C$11.80.

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.