FY2026 Earnings Forecast for K92 Mining Issued By Scotiabank

K92 Mining Inc. (TSE:KNT) – Scotiabank lifted their FY2026 earnings per share estimates for shares of K92 Mining in a research report issued on Wednesday, May 20th. Scotiabank analyst O. Habib now forecasts that the company will earn $1.74 per share for the year, up from their prior estimate of $1.62. The consensus estimate for K92 Mining’s current full-year earnings is $0.73 per share.

K92 Mining (TSE:KNT) last issued its earnings results on Monday, May 11th. The company reported C$0.65 earnings per share (EPS) for the quarter. K92 Mining had a return on equity of 42.98% and a net margin of 46.05%.The business had revenue of C$328.50 million during the quarter.

A number of other equities research analysts have also recently weighed in on the company. Desjardins set a C$40.00 price target on K92 Mining and gave the company a “buy” rating in a report on Thursday, April 23rd. Royal Bank Of Canada lifted their target price on K92 Mining from C$36.00 to C$46.00 in a research note on Thursday, March 12th. 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 research note on Wednesday, April 29th. Finally, Stifel Nicolaus lifted their target price on K92 Mining from C$30.00 to C$39.00 in a research note on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of C$38.00.

K92 Mining Trading Down 1.0%

KNT stock opened at C$24.37 on Friday. The business has a fifty day moving average price of C$24.93 and a 200 day moving average price of C$24.55. K92 Mining has a fifty-two week low of C$13.32 and a fifty-two week high of C$33.45. The stock has a market capitalization of C$5.97 billion, a price-to-earnings ratio of 18.89 and a beta of 1.72. The company has a debt-to-equity ratio of 5.53, a current ratio of 4.87 and a quick ratio of 3.15.

About K92 Mining

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.