K92 Mining's second-quarter earnings reveal a mixed performance, with record production overshadowed by an earnings miss.
K92 Mining Inc. (KNT.TO) reported its Q2 2026 earnings on August 10, 2026, showing strong production and revenue growth but falling short of earnings expectations. The company's EPS for the quarter was $0.4771, missing the consensus estimate of $0.52 by 8.25%. This earnings miss raises questions, especially given the record operational metrics and ambitious growth plans.
Recent earnings trend
Advertisement
K92 Mining Inc
KNT.TO
KNT.TO
K92 Mining Inc
WealthAwesomeMarket cap
$6.88B
P/E
13.7x
52W high
$33.45
52W low
$15.30
1W change
-6.70%
Beta
1.30
Analyst Price Targets
Based on analyst covering KNT
Wall Street analysts forecast KNT stock price to rise 20.3% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$34.50
+20.3% Upside
Current Price
C$28.69
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on KNT's historical volatility
30-Day Vol
54.8%
Annualized
90-Day Vol
55.4%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$34.30
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$30.45 | C$25.20 โ C$36.79 |
| 60 trading days | C$32.32 | C$24.74 โ C$42.22 |
| 90 trading days | C$34.30 | C$24.72 โ C$47.59 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
Analyst coverage: 2 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-10 | 0.4771 | 0.5200 | -8.3% |
| 2026-03-31 | 2026-05-11 | 0.6452 | 0.6300 | +2.4% |
| 2025-12-31 | 2026-03-02 | 0.4300 | 0.4600 | -6.5% |
| 2025-09-30 | 2025-11-10 | 0.5000 | 0.4100 | +22.0% |
| 2025-06-30 | 2025-08-11 | 0.2300 | 0.2000 | +15.0% |
| 2025-03-31 | 2025-05-12 | 0.4100 | 0.3100 | +32.3% |
Advertisement
Investor takeaway: Despite the earnings miss, K92's solid production figures and significant cash position suggest the company is still on a strong growth path. Investors should keep an eye on the long-term potential of its expansion projects and solid operational performance.
K92 Mining's Q2 EPS at $0.4771 vs. $0.52 Estimate
The 8.25% earnings miss contrasts with K92's strong operational metrics and revenue growth of 113% year-over-year, indicating potential challenges ahead in maintaining profitability.
Bull case
K92 Mining achieved record production of 46,093 gold-equivalent ounces and holds a substantial cash position of $349.4 million, highlighting its operational strength. The company's aggressive expansion plans could boost its output and financial stability in the coming quarters.
Bear case
The earnings miss, along with a downward revision of EPS from $0.72 to $0.55 in the past month, may raise concerns about the company's profit margins and cost management as it increases production.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile โโ Reviewed by Certified Financial Professionals
This content has been reviewed by CFAยฎ charterholders and Certified Financial Planners (CFPยฎ) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFAยฎ charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFPยฎ professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
โ ๏ธ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
