FY2026 Earnings Forecast for K92 Mining Issued By Scotiabank

K92 Mining Inc. (TSE:KNT) – Equities research analysts at Scotiabank lifted their FY2026 EPS estimates for K92 Mining in a report released on Wednesday, July 15th. Scotiabank analyst O. Habib now anticipates that the company will earn $1.71 per share for the year, up from their prior estimate of $1.67. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share.

K92 Mining (TSE:KNT) last issued its quarterly earnings results on Monday, May 11th. The company reported C$0.65 earnings per share for the quarter. The firm had revenue of C$328.50 million during the quarter. K92 Mining had a return on equity of 42.98% and a net margin of 46.05%.

A number of other equities research analysts also recently weighed in on the company. Raymond James Financial lifted their target price on K92 Mining from C$30.00 to C$33.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Stifel Nicolaus upgraded K92 Mining to a “strong-buy” rating in a report on Monday, June 29th. Finally, Desjardins set a C$40.00 price objective on shares of K92 Mining and gave the stock a “buy” rating in a research report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of C$38.00.

K92 Mining Stock Up 0.4%

Shares of K92 Mining stock opened at C$20.69 on Monday. K92 Mining has a one year low of C$14.13 and a one year high of C$33.45. The company has a debt-to-equity ratio of 5.53, a current ratio of 4.87 and a quick ratio of 3.15. The stock’s 50-day moving average is C$23.38 and its 200 day moving average is C$25.19. The firm has a market cap of C$5.07 billion, a price-to-earnings ratio of 16.04 and a beta of 1.81.

Insider Buying and Selling at K92 Mining

In other news, insider David Gregory Medilek sold 50,000 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of C$24.31, for a total transaction of C$1,215,500.00. Following the transaction, the insider owned 300,000 shares of the company’s stock, valued at C$7,293,000. This represents a 14.29% decrease in their position. Also, insider Nancy Carol La Couvee sold 6,700 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of C$24.26, for a total value of C$162,542.00. Following the completion of the sale, the insider owned 55,550 shares of the company’s stock, valued at approximately C$1,347,643. This represents a 10.76% decrease in their ownership of the stock. Insiders own 2.53% of the company’s stock.

About K92 Mining

K92 Mining Inc is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine. The Company declared commercial production from Kainantu in February 2018, is in a strong financial position, and is working to become a Tier 1 mid-tier producer through ongoing expansions. A maiden resource estimate on the Blue Lake copper-gold porphyry project was completed in August 2022.