K92 Mining FY2025 EPS Estimate Boosted by Clarus Securities

K92 Mining Inc. (TSE:KNT) – Equities researchers at Clarus Securities raised their FY2025 EPS estimates for shares of K92 Mining in a note issued to investors on Wednesday, October 8th. Clarus Securities analyst V. Arora now forecasts that the company will earn $1.44 per share for the year, up from their prior forecast of $1.12. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share. Clarus Securities also issued estimates for K92 Mining’s FY2026 earnings at $1.39 EPS, FY2027 earnings at $1.42 EPS and FY2028 earnings at $2.00 EPS.

Separately, National Bank Financial raised shares of K92 Mining to a “strong-buy” rating in a research note on Wednesday, July 9th. Four equities research analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, K92 Mining currently has a consensus rating of “Strong Buy”.

K92 Mining Trading Down 1.0%

TSE:KNT opened at C$19.07 on Monday. K92 Mining has a one year low of C$8.10 and a one year high of C$19.93. The company has a debt-to-equity ratio of 12.66, a current ratio of 2.83 and a quick ratio of 3.15. The company’s 50-day simple moving average is C$16.19 and its 200 day simple moving average is C$14.74. The firm has a market capitalization of C$4.62 billion, a P/E ratio of 21.92 and a beta of 0.71.

Insider Buying and Selling at K92 Mining

In related news, Director Cyndi Dianna Laval sold 9,400 shares of the firm’s stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of C$17.63, for a total transaction of C$165,722.00. Following the completion of the sale, the director owned 170,994 shares of the company’s stock, valued at C$3,014,624.22. This trade represents a 5.21% decrease in their ownership of the stock. 2.53% of the stock is owned by company insiders.

About K92 Mining

K92 Mining Inc owns and operates the high-grade Kainantu Gold Mine in Papua New Guinea which is currently operating at a design annualized production rate of approximately 120,000 oz AuEq per annum and is expected to produce at a run-rate of +300,000 oz AuEq per annum following its Stage 3 Expansion.