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Bullboard - Stock Discussion Forum K92 Mining Inc T.KNT

Alternate Symbol(s):  KNTNF

Metals & Mining Gold
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 > Stock should be up
View:
Post by TaylorB on Nov 14, 2024 10:16am

Stock should be up

Considering the better than expected earnings, I would have thought the stock would go up today. I guess I'm wrong, at least so far. If you extrapolate these earnings out over the next year along with increased production, K92 should earn well over a dollar U.S. per share giving the stock a forward pe of less than 6. Seems cheap unless the price if gold drops substantially.
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K92 Mining Inc