K92 Mining (KNT) AI Stock Analysis

• Market Cap: C$3.48B
• Dividend Yield: N/A
• Average Volume (3M): 770.63K
• Price to Earnings (P/E): 14.3
• Beta (1Y): 1.06
• Revenue Growth: 105.06%
• EPS Growth: 481.75%
• Country: CA
• Employees: 1,650
• Sector: Basic Materials
• Sector Strength: 68
• Industry: Gold
• EPS (TTM): 0.40
• Shares Outstanding: 240,833,510
• 10 Day Avg. Volume: 771,253
• 30 Day Avg. Volume: 770,626
• PEG Ratio: 0.25
• Price to Book (P/B): 4.68
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 57.11
• Enterprise Value/Market Cap: 0.71
• Enterprise Value/Revenue: 1.89
• Enterprise Value/Gross Profit: 8.25
• Enterprise Value/Ebitda: 3.41
• 1Y Price Target: C$19.25
• Price Target Upside: 28.33% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6

• Rating: 75 Outperform
• Price Target: C$17.00 ▲(13.33%Upside)

K92 Mining's strong financial performance and positive earnings call guidance are key drivers of its score. The stock's valuation is reasonable, but technical indicators show mixed signals. The company's strategic expansions and effective cash flow management enhance its long-term prospects, despite concerns about operating costs and capital expenditures.

Positive Factors

Financial Strength

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

Production Growth

Kainantu's Stage 3 will deliver growth to over 200,000 ounces per year of gold production and help the company graduate to mid-tier producer status.

Production Outperformance

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

Negative Factors

Production Guidance

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 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 exhibits strong financial performance with high profitability, solid revenue growth, and effective cash flow management. However, rising operating costs and capital expenditures need careful monitoring.

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

K92 Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 15.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 is below the 20-day moving average (MA) of 15.06, above the 50-day MA of 14.74, and above the 200-day MA of 11.29, indicating a neutral trend. The MACD of -0.06 indicates Positive momentum. The RSI at 51.05 is Neutral, neither overbought nor oversold. The STOCH value of 39.51 is Neutral, 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	75 Outperform	C$3.48B	14.30	39.28%	―	105.06%	481.75%
Sector *	44 Neutral	AU$1.45B	-5.90	-41.37%	4.07%	-3.45%	-43.04%
OCAND	―	$3.14B	10.89	16.21%	0.66%	―	―
DPM	82 Outperform	C$3.73B	12.72	19.71%	0.04%	10.57%	24.23%
CXB	69 Neutral	$2.56B	28.69	6.74%	―	20.03%	-46.48%
TORXF	―	$2.70B	21.16	8.12%	―	―	―
EQX	―	$4.76B	10.40	8.27%	―	―	―

K92 Mining Corporate Events

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.

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.