Clarus Securities Lifts Earnings Estimates for K92 Mining

K92 Mining Inc. (TSE:KNT – Free Report) – Analysts at Clarus Securities boosted their FY2025 earnings estimates for K92 Mining in a research note issued on Wednesday, October 8th. Clarus Securities analyst V. Arora now forecasts that the company will post earnings of $1.44 per share for the year, up from their previous 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 report on Wednesday, July 9th. Four investment analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.

Read Our Latest Stock Analysis on K92 Mining

K92 Mining Stock Performance

TSE KNT opened at C$19.07 on Monday. K92 Mining has a 52-week low of C$8.10 and a 52-week high of C$19.93. The company has a debt-to-equity ratio of 12.66, a quick ratio of 3.15 and a current ratio of 2.83. The company has a market capitalization of C$4.62 billion, a P/E ratio of 21.92 and a beta of 0.71. The company has a fifty day moving average of C$16.10 and a 200-day moving average of C$14.69.

Insider Buying and Selling at K92 Mining

In other news, Director Cyndi Dianna Laval sold 9,400 shares of the business’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 value of C$165,722.00. Following the completion of the sale, the director directly owned 170,994 shares in the company, valued at approximately C$3,014,624.22. The trade was a 5.21% decrease in their position. Insiders own 2.53% of the company’s stock.

K92 Mining Company Profile

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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.

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