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Bullboard - Stock Discussion Forum K92 Mining Inc KNTNF


Primary Symbol: T.KNT

K92 Mining Inc. is a Canada-based company, which 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, including Blue Lake, in Papua New Guinea. The Company holds the mining rights to Mining Lease 150 (ML 150... see more

TSX:KNT - Post Discussion

K92 Mining Inc > A little Fun Fact
View:
Post by tuesdaynightrid on Nov 15, 2024 9:41am

A little Fun Fact

This morning I note the open for kntnf at a price of 6.17.
Two days ago, kntnf had a P/E ratio at 49.4.

Today, that P/E ratio= 19
... I believe we'll all see the price heading much higher from here
Comment by cyber37 on Nov 18, 2024 12:23pm
While true that P/E ratio is great indicator of company’s performance…it may not be the best indicator for KNT. Traditionally this company was trading based on future prospects …..more so then any other outfit; and IMHO this is still the case now. I have no issues with that as long as company is moving in the right direction, here one has to say that Q3 results are reassuring. G37    ...more  
Comment by 4CommonSense on Nov 18, 2024 1:56pm
I agree - earnings are not key at thi stage and I have stated this this many times -- However future  potential earnings and additional production (within 6 months) and the longer term with phase 4 production should be driving the price up. The cash position growing ($120M++)  and increasing significanly every quarter another positive from a takeover perspective.  PE is an ...more  
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