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M. Profiti covers the Basic Materials sector, focusing on stocks such as Equinox Gold, First Quantum Minerals, and Wesdome Gold Mines. According to TipRanks, M. Profiti has an average return of 27.2% and a 61.24% success rate on recommended stocks.
In a report released on June 3, RBC Capital also maintained a Buy rating on the stock with a C$44.00 price target.
Based on K92 Mining’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of C$232.41 million and a net profit of C$114.72 million. In comparison, last year the company earned a revenue of C$144.6 million and had a net profit of C$70.24 million
Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of KNT in relation to earlier this year.
