K92 Mining Inc. to Post Q1 2024 Earnings of $0.01 Per Share, Raymond James Forecasts (TSE:KNT)

K92 Mining Inc. (TSE:KNT) – Research analysts at Raymond James cut their Q1 2024 earnings estimates for shares of K92 Mining in a note issued to investors on Monday, April 8th. Raymond James analyst C. Stanley now expects that the company will post earnings per share of $0.01 for the quarter, down from their prior estimate of $0.11. The consensus estimate for K92 Mining’s current full-year earnings is $0.17 per share. Raymond James also issued estimates for K92 Mining’s Q2 2024 earnings at $0.03 EPS, Q3 2024 earnings at $0.05 EPS, Q4 2024 earnings at $0.05 EPS and FY2024 earnings at $0.15 EPS.

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

K92 Mining Stock Down 3.3 %

Shares of TSE:KNT opened at C$7.12 on Thursday. The company has a current ratio of 3.07, a quick ratio of 3.15 and a debt-to-equity ratio of 1.87. K92 Mining has a 12 month low of C$4.64 and a 12 month high of C$7.91. The company has a 50-day moving average price of C$6.43 and a 200 day moving average price of C$6.06. The company has a market cap of C$1.67 billion, a price-to-earnings ratio of 47.47 and a beta of 1.02.

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 836.8 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.