FY2026 Earnings Estimate for K92 Mining Issued By Scotiabank

K92 Mining Inc. (TSE:KNT) – Research analysts at Scotiabank increased their FY2026 earnings estimates for K92 Mining in a research report issued to clients and investors on Wednesday, August 19th. Scotiabank analyst O. Habib now anticipates that the company will post earnings of $1.72 per share for the year, up from their prior estimate of $1.70. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share.

K92 Mining (TSE:KNT) last announced its earnings results on Monday, August 10th. The company reported C$0.48 earnings per share for the quarter. The firm had revenue of C$291.61 million for the quarter. K92 Mining had a net margin of 45.48% and a return on equity of 43.29%.

A number of other analysts have also weighed in on the company. Stifel Nicolaus raised K92 Mining to a “strong-buy” rating in a research report on Monday, June 29th. Raymond James Financial lifted their target price on K92 Mining from C$30.00 to C$33.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Finally, Desjardins set a C$36.00 target price on K92 Mining and gave the stock a “buy” rating in a research note on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of C$37.20.

K92 Mining Stock Performance

Shares of KNT stock opened at C$30.93 on Monday. The firm has a 50 day moving average of C$24.30 and a two-hundred day moving average of C$25.25. The stock has a market capitalization of C$7.60 billion, a PE ratio of 21.04 and a beta of 1.80. The company has a quick ratio of 3.15, a current ratio of 5.38 and a debt-to-equity ratio of 4.48. K92 Mining has a 52 week low of C$15.00 and a 52 week high of C$33.45.

K92 Mining Company Profile

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.