Post by
LiveSimply on Nov 11, 2021 11:56am
KNT 3rd Q earnings and trailing 12 months
Going back to 2020, the eps is as follows:
2020:
1st= 0.02; 2nd= 0.08; 3rd= 0.04; 4th= 0.05
2021:
1st= 0.01; 2nd= 0.02; 3rd= ?.
Obviously, the prior 2 quarters were the worst in over a year w COVID.
If we can get an $0.04 in Q3 then KNT has inferred that Q4 will be
the strongest quarter of 2021 (ie post COVID hopefully).
That would bode well for an $0.07 or 0.08 in the 4th which,
unfortunately, we won't know until March 2022.
If a strong resource update is also realized in this quarter then
this should provide a further catalyst along with a rising gold price.
Momentum should be on KNT's side.
Hopefully, the Monday morning conference call has analysts and
investors asking all the pertinent questions
Comment by
oilsyd on Nov 11, 2021 3:57pm
EIJ, You are quoting gold oz produced when it is gold sales that give you financial results In Q2 this year they only sold 19K ( approx 27 K in Q2 2020) during the quarter with some sales deferred to this quarter. Oilsyd
Comment by
oilsyd on Nov 11, 2021 8:49pm
Sorry, EIJ, I am a bit tired and as you correctly surmised, I did not read the whole message. Let's hope that the promise of increased production is finally realised in Q4. Oilsyd
Comment by
LiveSimply on Nov 13, 2021 1:53pm
Reminder, That Monday morning conference call will be at 8:30am EST time (Toronto time). The more questions to KNT (and interpretations) the better. EPS and news release prior to conference call. ... $0.04/share would be a robust number for the 3rd Q... we'll see