K92 Mining (KNT) AI Stock Analysis

• Market Cap: C$3.75B
• Dividend Yield: N/A
• Average Volume (3M): 724.34K
• Price to Earnings (P/E): 12.6
• Beta (1Y): 1.19
• Revenue Growth: 131.16%
• EPS Growth: 648.58%
• Country: CA
• Employees: 1,650
• Sector: Basic Materials
• Sector Strength: 73
• Industry: Gold
• EPS (TTM): 0.22
• Shares Outstanding: 242,174,300
• 10 Day Avg. Volume: 718,356
• 30 Day Avg. Volume: 724,336
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$19.43
• Price Target Upside: 24.23% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 7

• Rating: 78 Outperform
• Price Target: C$17.50 ▲(11.89% Upside)

K92 Mining's strong financial performance and positive earnings call are the most significant factors driving the score. The company shows robust growth and profitability, supported by a solid balance sheet and effective cash management. Technical analysis presents mixed signals, while valuation is reasonable. The absence of a dividend yield and some operational challenges are minor concerns.

Positive Factors

Financial Position

The Stage 3/4 expansion is fully funded, and the company has a record cash position of $182.9M as of end of quarter.

Production Growth

Kainantu's Stage 3 will deliver growth to more than 200koz per year of gold production and graduate to mid-tier producer status.

Quarterly Performance

Q2 Production of 34,816oz AuEq was slightly better than expected and is the fourth consecutive quarter of outperformance.

Negative Factors

Capital Expenditure

The start of commissioning of the 1.2Mtpa Stage 3 plant is underway with 86% of the growth capital either spent or committed, and key infrastructure upgrades are near completion.

Production Challenges

Q2 production represents 20% of the midpoint of annual guidance, implying that K92 needs to produce an average of 44,000oz in Q3 and Q4 to achieve midpoint of guidance.

K92 Mining Business Overview & Revenue Model

Company Description

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 862 square kilometers located in the Eastern Highlands province of Papua New Guinea. The company is headquartered in Vancouver, Canada.

How the Company Makes Money

K92 Mining generates revenue primarily through the extraction and sale of gold and associated by-products such as silver from its mining operations at the Kainantu Gold Mine. The company's revenue model is centered around efficiently mining and processing ore to produce gold doré bars, which are then sold to refineries and gold buyers at prevailing market prices. Additionally, K92's financial performance is influenced by factors such as gold market prices, operational efficiency, and the expansion of its mining operations. Strategic partnerships and exploration initiatives to increase reserves and resources also play a crucial role in sustaining and enhancing earnings.

K92 Mining Financial Statement Overview

Summary

K92 Mining demonstrates strong financial health with robust revenue growth, high profit margins, and a solid balance sheet with low leverage. Cash flow generation is strong, though there is room for improvement in free cash flow conversion.

Income Statement

K92 Mining has demonstrated strong revenue growth with an 11.15% increase in TTM, supported by impressive gross and net profit margins of 71.03% and 43.69%, respectively. The EBIT and EBITDA margins are also robust at 62.85% and 68.76%, indicating efficient operational management. The consistent growth trajectory and high profitability metrics highlight the company's strong financial performance in the gold industry.

Balance Sheet

The balance sheet reflects a solid financial position with a low debt-to-equity ratio of 0.075, indicating minimal leverage risk. The return on equity is notably high at 41.55%, showcasing effective use of equity to generate profits. The equity ratio stands at 78.34%, suggesting a strong equity base relative to total assets. Overall, the balance sheet is stable, with a favorable risk profile.

Cash Flow

K92 Mining's cash flow statement reveals a healthy operating cash flow to net income ratio of 2.75, indicating strong cash generation relative to earnings. The free cash flow growth rate of 38.36% is impressive, although the free cash flow to net income ratio of 0.25 suggests room for improvement in converting earnings to free cash flow. The cash flow metrics reflect a solid cash management strategy, supporting future growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	483.98M	350.62M	200.25M	188.19M	154.33M	159.13M
Gross Profit	343.79M	208.21M	88.87M	91.91M	71.03M	85.70M
EBITDA	332.77M	198.40M	86.45M	83.33M	62.18M	79.41M
Net Income	211.46M	111.22M	33.16M	35.52M	27.24M	42.03M
Balance Sheet
Total Assets	760.56M	628.27M	412.83M	370.71M	273.02M	215.51M
Cash, Cash Equivalents and Short-Term Investments	182.94M	141.29M	79.11M	109.94M	71.27M	51.49M
Total Debt	45.02M	39.53M	4.76M	10.10M	14.10M	7.44M
Total Liabilities	164.79M	153.53M	61.94M	61.41M	47.89M	34.00M
Stockholders Equity	595.77M	474.74M	350.89M	309.31M	225.14M	181.51M
Cash Flow
Free Cash Flow	62.74M	25.27M	-27.84M	1.40M	21.40M	34.91M
Operating Cash Flow	253.21M	185.09M	74.43M	73.13M	61.22M	64.82M
Investing Cash Flow	-168.86M	-174.47M	-108.67M	-71.73M	-39.81M	-29.91M
Financing Cash Flow	29.04M	60.65M	-3.50M	39.41M	-1.71M	-5.09M

K92 Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 15.64
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:KNT, the sentiment is Positive. The current price of 15.64 is above the 20-day moving average (MA) of 15.11, above the 50-day MA of 15.04, and above the 200-day MA of 12.16, indicating a bullish trend. The MACD of 0.14 indicates Negative momentum. The RSI at 60.18 is Neutral, neither overbought nor oversold. The STOCH value of 85.75 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:KNT.

K92 Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	78 Outperform	C$3.75B	12.62	45.10%	―	131.16%	648.58%
Sector *	61 Neutral	$10.24B	6.18	0.71%	2.90%	3.45%	-36.02%
OCANF	―	$4.20B	11.48	19.95%	0.49%	―	―
DPM	82 Outperform	C$4.25B	13.54	20.48%	0.84%	19.55%	36.19%
CXB	69 Neutral		―		―	20.03%	-46.48%
TORXF	―	$2.87B	13.55	12.84%	―	―	―
EQX	―	$6.64B	10.94	-0.54%	―	―	―

K92 Mining Corporate Events

K92 Mining Enhances Leadership in Community Affairs with Key Appointments

K92 Mining has announced leadership changes to strengthen its community affairs and external relations, promoting Stanley Komunt to Vice President and appointing Felix Kipalan as General Manager. These appointments are expected to enhance K92’s commitment to responsible mining and sustainable development, reinforcing its relationships with local communities and stakeholders.

The most recent analyst rating on (TSE:KNT) stock is a Buy with a C$22.00 price target. To see the full list of analyst forecasts on K92 Mining stock, see the TSE:KNT Stock Forecast page.

K92 Mining Reports Strong Q2 2025 Results and Progress on Expansion

K92 Mining Inc. reported strong financial results for Q2 2025, with a 43% increase in gold equivalent production compared to the previous year, and a significant rise in revenue and net income. The company is on track to complete the commissioning of its Stage 3 1.2 MTPA Process Plant by early Q4 2025, which is expected to enhance its production capacity and operational efficiency. The expansion efforts, along with successful exploration results, position K92 Mining favorably in the industry, potentially benefiting stakeholders through increased output and profitability.

The most recent analyst rating on (TSE:KNT) stock is a Buy with a C$22.00 price target. To see the full list of analyst forecasts on K92 Mining stock, see the TSE:KNT Stock Forecast page.

K92 Mining Reports Strong Q2 Results and Advances Stage 3 Expansion

K92 Mining Inc. reported a strong second quarter production for 2025, achieving a 43% increase in gold equivalent production compared to the previous year. The company commenced commissioning its new 1.2 million tonnes-per-annum Stage 3 Process Plant, marking a significant milestone in its expansion efforts. This development is expected to enhance production capabilities and solidify K92’s position in the mining sector. The infrastructure upgrades and new contracts awarded for further expansion indicate a strategic focus on growth and operational efficiency, promising potential benefits for stakeholders.

The most recent analyst rating on (TSE:KNT) stock is a Hold with a C$10.25 price target. To see the full list of analyst forecasts on K92 Mining stock, see the TSE:KNT Stock Forecast page.

K92 Mining Announces Leadership Transition as Philip Samar Retires

K92 Mining Inc. has announced the retirement of Philip Samar from his role as Vice President, Government and Community Affairs, transitioning to a senior advisory position. Samar, who joined K92 in 2019, has been instrumental in strengthening relationships with government and community stakeholders, significantly advancing the company’s permitting and external affairs strategy, and supporting the development of the Kainantu Gold Mine. His departure marks a transition period for the company, which remains committed to strong engagement with Papua New Guinea’s communities and government.

The most recent analyst rating on (TSE:KNT) stock is a Hold with a C$10.25 price target. To see the full list of analyst forecasts on K92 Mining stock, see the TSE:KNT Stock Forecast page.

K92 Mining to Release Q2 2025 Financial Results

K92 Mining Inc. has announced the release of its 2025 second quarter financial results, which will be presented in a conference call and webcast on August 11, 2025. This announcement is significant for stakeholders as it provides insights into the company’s financial health and its strategic initiatives to expand operations, potentially impacting its market position and future growth.

The most recent analyst rating on (TSE:KNT) stock is a Hold with a C$10.25 price target. To see the full list of analyst forecasts on K92 Mining stock, see the TSE:KNT Stock Forecast page.

K92 Mining Reports Successful AGM with All Resolutions Passed

K92 Mining Inc. announced the successful results of its 2025 annual general meeting, where all proposed resolutions were passed, including the election of six directors and the reappointment of PricewaterhouseCoopers LLP as auditor. The meeting saw a significant shareholder turnout, with 66.83% of common shares voted, reflecting strong shareholder engagement and support for the company’s governance and executive compensation approach.

The most recent analyst rating on (TSE:KNT) stock is a Hold with a C$10.25 price target. To see the full list of analyst forecasts on K92 Mining stock, see the TSE:KNT Stock Forecast page.

K92 Mining Unveils 2024 Sustainability Achievements and Future Expansion Plans

K92 Mining has released its 2024 Sustainability Report, highlighting significant achievements in environmental, social, and governance practices. The report emphasizes the company’s strong safety record, local employment and procurement efforts, and substantial tax contributions in Papua New Guinea. K92 has also been recognized for its community initiatives, including a sustainable agriculture program and educational scholarships. Looking forward, K92 plans to expand its operations with new infrastructure projects, aiming to enhance production and continue delivering value to stakeholders.

The most recent analyst rating on (TSE:KNT) stock is a Hold with a C$11.75 price target. To see the full list of analyst forecasts on K92 Mining stock, see the TSE:KNT Stock Forecast page.

K92 Mining Reports Significant High-Grade Drilling Results at Kainantu Gold Mine

K92 Mining has announced significant high-grade results from its ongoing drilling operations at the Kainantu Gold Mine in Papua New Guinea. The results include the expansion of high-grade zones and the identification of potential new zones, which could enhance the company’s operational capabilities and market positioning. These developments are expected to increase the potential for bulk mining and improve resource estimates, potentially benefiting stakeholders by enhancing the mine’s production capacity and economic viability.

The most recent analyst rating on (TSE:KNT) stock is a Sell with a C$11.00 price target. To see the full list of analyst forecasts on K92 Mining stock, see the TSE:KNT Stock Forecast page.