K92 Mining FY2027 EPS Forecast Lifted by Clarus Securities

K92 Mining Inc. (TSE:KNT) – Investment analysts at Clarus Securities raised their FY2027 earnings per share (EPS) estimates for shares of K92 Mining in a report issued on Monday, January 26th. Clarus Securities analyst V. Arora now expects that the company will post earnings of $2.28 per share for the year, up from their prior forecast of $2.26. 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 FY2028 earnings at $3.29 EPS.

K92 Mining (TSE:KNT) last issued its earnings results on Monday, November 10th. The company reported C$0.35 earnings per share for the quarter. K92 Mining had a return on equity of 20.37% and a net margin of 24.76%.The business had revenue of C$247.22 million during the quarter.

KNT has been the subject of a number of other reports. Desjardins upgraded shares of K92 Mining to a “moderate buy” rating in a report on Thursday, November 27th. Scotiabank increased their price objective on shares of K92 Mining from C$20.50 to C$32.00 in a research report on Monday. Four investment analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Strong Buy” and an average target price of C$32.00.

K92 Mining Stock Performance

Shares of KNT stock opened at C$27.64 on Tuesday. The firm has a 50 day moving average of C$22.88 and a 200-day moving average of C$18.81. The company has a market cap of C$6.73 billion, a price-to-earnings ratio of 26.83 and a beta of 0.85. The company has a quick ratio of 3.15, a current ratio of 2.83 and a debt-to-equity ratio of 12.66. K92 Mining has a 52 week low of C$9.26 and a 52 week high of C$28.90.

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.