FY2023 EPS Estimates for K92 Mining Inc. Boosted by Analyst (TSE:KNT)

Posted by on May 18th, 2023

K92 Mining Inc. (TSE:KNT – Get Rating) – Analysts at Desjardins increased their FY2023 earnings per share (EPS) estimates for K92 Mining in a research note issued on Monday, May 15th. Desjardins analyst J. Egilo now forecasts that the company will earn $0.30 per share for the year, up from their prior estimate of $0.26. The consensus estimate for K92 Mining’s current full-year earnings is $0.24 per share.

K92 Mining (TSE:KNT – Get Rating) last issued its quarterly earnings results on Thursday, March 30th. The company reported C$0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.12 by C($0.04). The business had revenue of C$84.15 million for the quarter, compared to analyst estimates of C$89.78 million. K92 Mining had a return on equity of 13.29% and a net margin of 18.88%.

K92 Mining Stock Performance

Shares of KNT stock opened at C$6.13 on Wednesday. The business’s fifty day simple moving average is C$7.26 and its 200-day simple moving average is C$7.46. The company has a market cap of C$1.43 billion, a PE ratio of 29.19 and a beta of 0.87. The company has a current ratio of 3.60, a quick ratio of 3.15 and a debt-to-equity ratio of 3.26. K92 Mining has a 12-month low of C$6.01 and a 12-month high of C$9.91.

K92 Mining Company Profile

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K92 Mining Inc engages in the mining, exploration, and development of mineral deposits in Papua New Guinea. The company produces gold, copper, and silver. Its principal property is the Kainantu property that covers an area of 862 square kilometers located in the Eastern Highlands province of Papua New Guinea.

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Earnings History and Estimates for K92 Mining (TSE:KNT)

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