K92 Mining (KNT) AI Stock Analysis

• Market Cap: C$3.78B
• Dividend Yield: N/A
• Average Volume (3M): 701.55K
• Price to Earnings (P/E): 15.0
• Beta (1Y): 1.10
• Revenue Growth: 105.06%
• EPS Growth: 481.75%
• Country: CA
• Employees: 1,650
• Sector: Basic Materials
• Sector Strength: 65
• Industry: Gold
• EPS (TTM): 0.40
• Shares Outstanding: 240,833,510
• 10 Day Avg. Volume: 789,907
• 30 Day Avg. Volume: 701,554
• PEG Ratio: 0.21
• Price to Book (P/B): 3.95
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 48.05
• Enterprise Value/Market Cap: 0.54
• Enterprise Value/Revenue: 1.57
• Enterprise Value/Gross Profit: 6.83
• Enterprise Value/Ebitda: 2.82
• 1Y Price Target: C$15.13
• Price Target Upside: -3.45% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 77 Outperform
• Price Target: C$18.00 ▲(14.87%Upside)

K92 Mining's strong financial performance and positive earnings call sentiment are major strengths, supporting a robust stock score. Technical analysis indicates potential short-term risks due to overbought conditions. Corporate events and valuation factors also contribute positively, although the loss of a board member and high all-in sustaining costs warrant caution.

Positive Factors

Expansion Progress

The market is expected to continue rewarding the company for progressing through the Stage 3/4 expansions.

Financial Position

The expansion appears fully financed from treasury and cash flow, suggesting further drawdown of debt may not be required.

Production Growth

K92 is one of the few single-asset companies that has visibility on significant self-financed production growth.

Negative Factors

Production Dependency

As a single-asset company, K92's performance is heavily reliant on the success of the Kainantu mine.

Project Completion Risk

Stage 3 expansion is 70% completed or committed, which could imply potential risks if any unexpected delays occur.

K92 Mining Business Overview & Revenue Model

Company Description

K92 Mining Inc. (KNT) is a mining company primarily engaged in the exploration and development of mineral properties. The company operates within the gold mining sector, focusing on its flagship asset, the Kainantu Gold Mine, located in Papua New Guinea. K92 Mining is dedicated to the sustainable and efficient extraction of gold and related minerals, aiming to enhance shareholder value through exploration, expansion, and operational excellence.

How the Company Makes Money

K92 Mining generates revenue by extracting and selling gold and other by-products from its mining operations. The company's primary revenue stream is the sale of gold produced at the Kainantu Gold Mine. K92 Mining benefits from its ability to increase production capacity and improve recovery rates, thus maximizing output and profitability. The company also engages in exploration activities to expand its resource base and extend mine life, which can potentially increase future revenue. Additionally, K92 Mining may leverage strategic partnerships and joint ventures to enhance operational capabilities and access new markets, further contributing to its earnings.

K92 Mining Financial Statement Overview

Summary

K92 Mining shows a strong financial position with excellent profitability, revenue growth, and solid cash flow management. The income statement indicates high profitability with impressive margins, though rising operating costs are noted. The balance sheet reflects prudent financial leverage with a strong equity position. Cash flow is solid despite significant capital expenditures.

Income Statement

K92 Mining shows a strong performance in the TTM, with a gross profit margin of 68.85% and a net profit margin of 40.97%, indicating high profitability. Revenue growth is impressive over the years, with a significant 24.2% increase from the previous year. EBIT and EBITDA margins are also robust at 12.41% and 66.41% respectively, reflecting strong operational efficiency. Overall, K92 Mining's income statement demonstrates excellent profitability and growth, although a decrease in EBIT margin from the previous period could suggest rising operating costs.

Balance Sheet

The company maintains a healthy balance sheet with a low debt-to-equity ratio of 0.09, indicating prudent financial leverage. The equity ratio stands at 76.4%, suggesting a strong reliance on equity financing. Return on equity is strong at 32.39%, reflecting efficient management of shareholder funds. Despite the strong equity position, the slight increase in debt levels warrants attention for long-term financial planning.

Cash Flow

K92 Mining's cash flow statement indicates solid cash generation with a free cash flow growth rate of 79.51% in the TTM. The operating cash flow to net income ratio is 1.25, highlighting effective cash conversion from operations. However, the free cash flow to net income ratio is lower at 0.25, which could imply significant capital expenditures impacting available free cash. Overall, the cash flow position is strong, but the company should monitor capital spending closely.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
435.43M	350.62M	200.25M	188.19M	154.33M	159.13M
	Gross Profit
299.85M	208.21M	88.87M	91.91M	71.03M	85.70M
	EBIT
54.05M	163.23M	54.39M	63.35M	47.52M	69.17M
	EBITDA
289.17M	198.40M	86.45M	83.33M	62.18M	79.41M
	Net Income Common Stockholders
178.40M	111.22M	33.16M	35.52M	27.24M	42.03M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
79.11M	141.29M	79.11M	109.94M	71.27M	51.49M
	Total Assets
412.83M	628.27M	412.83M	370.71M	273.02M	215.51M
	Total Debt
4.76M	39.53M	4.76M	10.10M	14.10M	7.44M
	Net Debt
-67.89M	-100.55M	-67.89M	-99.84M	-57.17M	-44.06M
	Total Liabilities
61.94M	153.53M	61.94M	61.41M	47.89M	34.00M
	Stockholders Equity
350.89M	474.74M	350.89M	309.31M	225.14M	181.51M
Cash Flow		Free Cash Flow
45.35M	25.27M	-27.84M	1.40M	21.40M	34.91M
	Operating Cash Flow
223.00M	185.09M	74.43M	73.13M	61.22M	64.82M
	Investing Cash Flow
-170.85M	-174.47M	-108.67M	-71.73M	-39.81M	-29.91M
	Financing Cash Flow
65.13M	60.65M	-3.50M	39.41M	-1.71M	-5.09M

K92 Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 15.67
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• 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 15.67 is above the 20-day moving average (MA) of 14.14, above the 50-day MA of 13.17, and above the 200-day MA of 10.23, indicating a bullish trend. The MACD of 0.76 indicates Negative momentum. The RSI at 77.68 is Negative, neither overbought nor oversold. The STOCH value of 83.99 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
OGC	81 Outperform	$4.63B	11.40	16.21%	0.62%	35.81%	693.32%
DPM	79 Outperform	C$3.58B	12.06	19.71%	1.06%	10.57%	24.23%
KNT	77 Outperform	C$3.78B	14.96	39.28%	―	105.06%	481.75%
CXB	76 Outperform	C$2.84B	31.57	6.74%	―	20.03%	-46.48%
EQX	73 Outperform	$4.33B	11.26	8.27%	―	60.05%	―
TXG	70 Outperform	$3.86B	21.05	8.12%	―	20.97%	-24.55%
Sector *	51 Neutral	$2.04B	-1.15	-21.37%	3.64%	2.88%	-30.57%

K92 Mining Corporate Events

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.

K92 Mining Reports Record Q1 2025 Financials and Production Growth

K92 Mining Inc. has reported record financial results for Q1 2025, showcasing significant growth in revenue, net income, and production. The company achieved a 74% increase in gold equivalent production compared to the previous year, with strong metallurgical recoveries and a record net cash position. The ongoing Stage 3 and 4 expansions are progressing well, with the Stage 3 Expansion Process Plant nearing commissioning and exploration activities at the Arakompa project indicating promising high-grade veins. These developments position K92 favorably in the mining industry, potentially enhancing its market presence and operational capacity.

The most recent analyst rating on (TSE:KNT) stock is a Hold with a C$9.25 price target. To see the full list of analyst forecasts on K92 Mining stock, see the TSE:KNT Stock Forecast page.

K92 Mining Mourns the Loss of Esteemed Board Member Graham Wheelock

K92 Mining Inc. announced the passing of board member Graham Wheelock, a respected geologist with over 40 years of experience in the mining industry. Wheelock played a significant role in the company’s success and transformation, and his loss is deeply felt by the company and its stakeholders. The company will continue to be supported by its directors, led by Chair Anne Giardini.

K92 Mining Reports Record Q1 Production, Advances Stage 3 Expansion

K92 Mining Inc. reported strong production results for the first quarter of 2025, achieving 47,817 ounces of gold equivalent, which significantly exceeded budget expectations and marked the second-highest quarterly production on record. The company has made substantial progress in its Stage 3 Expansion, with 75% of the capital spent or committed, and is on track to transition into a Tier 1 Mid-Tier producer. The announcement highlights the company’s operational improvements, including increased development rates and successful infrastructure upgrades, which are expected to enhance future production capabilities and exploration activities.

K92 Mining to Release Q1 2025 Financial Results

K92 Mining Inc. has announced the release of its 2025 first quarter financial results, scheduled for May 12, 2025, accompanied by a conference call and webcast. This announcement is significant for stakeholders as it reflects the company’s financial health and ongoing efforts to expand its operations, potentially impacting its market positioning and future growth prospects.

K92 Mining Files Amended Technical Reports for Key Projects

K92 Mining Inc. has filed amended technical reports for its Blue Lake Porphyry Deposit and Kainantu Gold Mine Project in Papua New Guinea. These amendments, part of a continuous disclosure review by the British Columbia Securities Commission, involve updates to the mineral resource estimates and feasibility studies, reflecting changes in resource calculations and the removal of certain economic assessments. The updates are expected to impact the company’s operational strategies, particularly concerning the ongoing and future expansions of the Kainantu Project.

K92 Mining Appoints Robert Smillie as VP of Exploration

K92 Mining has appointed Robert Smillie as Vice President – Exploration, succeeding Andrew Kohler who will return to his role as Chief Geologist. Smillie brings over 35 years of experience in the mining industry, particularly in epithermal gold and copper-gold systems, and has a proven track record of leading significant exploration projects in the Asia Pacific region. His expertise is expected to enhance K92’s exploration strategy and support the company’s growth ambitions in Papua New Guinea.

K92 Mining Reports Record Financial and Operational Results for 2024

K92 Mining Inc. announced record financial and operational results for the fourth quarter and full year of 2024, with significant increases in production, revenue, and net income. The company achieved record quarterly production of gold equivalent ounces, improved cash costs, and all-in sustaining costs, and exceeded its annual production guidance. The strong financial performance is attributed to higher-grade ore extraction and improved metallurgical recoveries. K92 is also advancing its Stage 3 and 4 expansion projects, with significant progress in construction and capital commitments, positioning the company for further growth in the coming years.