FY2022 EPS Estimates for K92 Mining Inc. Cut by Clarus Securities (TSE:KNT)

K92 Mining Inc. (TSE:KNT) – Clarus Securities cut their FY2022 earnings per share (EPS) estimates for shares of K92 Mining in a research note issued to investors on Wednesday, January 12th. Clarus Securities analyst V. Arora now forecasts that the company will post earnings per share of $0.43 for the year, down from their previous estimate of $0.55.

Several other equities research analysts also recently issued reports on KNT. Desjardins reissued a “buy” rating on shares of K92 Mining in a research note on Thursday, November 25th. Raymond James reissued an “outperform” rating and issued a C$10.00 price objective on shares of K92 Mining in a research note on Wednesday. National Bank Financial reissued an “outperform overweight” rating on shares of K92 Mining in a research note on Thursday, October 7th. Finally, National Bankshares reaffirmed a “buy” rating and set a C$11.75 price target on shares of K92 Mining in a research note on Tuesday, October 19th. Four investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of C$11.21.

TSE:KNT opened at C$7.00 on Friday. The company has a quick ratio of 3.19, a current ratio of 4.69 and a debt-to-equity ratio of 0.79. K92 Mining has a 1-year low of C$5.75 and a 1-year high of C$9.36. The firm has a market capitalization of C$1.55 billion and a price-to-earnings ratio of 54.69. The stock has a fifty day simple moving average of C$7.40 and a 200 day simple moving average of C$7.53.

K92 Mining (TSE:KNT) last announced its earnings results on Monday, November 15th. The company reported C$0.03 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.05 by C($0.02). The company had revenue of C$44.54 million during the quarter, compared to analyst estimates of C$44.64 million.

K92 Mining Company Profile

K92 Mining Inc engages in the mining, exploration, and development of mineral deposits in Papua New Guinea. The company produces gold, copper, and silver. Its principal property is the Kainantu property that covers an area of 725 square kilometers located in the Eastern Highlands province. K92 Mining Inc is headquartered in Vancouver, Canada.

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Earnings History and Estimates for K92 Mining (TSE:KNT)

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