K92 Mining Inc. (KNTNF) is reiterated as a Buy, driven by record financials, robust production growth, and successful expansion projects. KNTNF delivered record Q3 2025 results: 44,323 oz AuEq produced, revenue up 44.6% YoY, and net income up 84%, with strong balance sheet metrics. Expansion at Kainantu and promising exploration at Arakompa and Wera underpin future growth, while high gold prices amplify profitability despite rising costs.
K92 Mining Inc. (OTCQX:KNTNF) Q1 2025 Earnings Conference Call May 12, 2025 8:30 AM ET Company Participants John Lewins - Chief Financial Officer, Director Justin Blanchet - Chief Financial Officer David Medilek - President, Chief Operating Officer Conference Call Participants Ralph Profiti - Stifel Andrew Mikitchook - BMO Capital Markets Operator Thank you for standing by. This is the conference operator.
Upgraded K92 Mining Inc. shares to "Buy" due to rising gold prices, increased production, and lower costs, positioning it as a promising mid-tier gold producer. K92 Mining's production surged 27% in 2024, with significant cost reductions, achieving an AISC of $1,066/oz, outperforming guidance. Major US banks forecast gold prices to potentially reach $4,000/oz before 2026, driven by safe-haven demand amid geopolitical and economic concerns.
| Metals & Mining Industry | Materials Sector | Mr. John Derek Lewins CEO | OTCQX Exchange | CA4991131083 ISIN |
| Canada Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
K92 Mining Inc. is a distinguished player in the mining sector, focusing on the exploration, development, and production of mineral deposits. With its operations based in Papua New Guinea, the company has positioned itself as a significant producer of gold, copper, and silver. The core of K92 Mining’s activities revolves around the Kainantu gold mine project, which spans approximately 836 square kilometers in the Eastern Highlands province, signaling the company’s substantial footprint in the region. Additionally, the exploration of the Blue Lake gold-copper porphyry deposit further demonstrates K92 Mining's commitment to expanding its portfolio and enhancing its mining capabilities. Headquartered in Vancouver, Canada, the company embodies a strategic fusion of local operational excellence and global mining expertise.
At the heart of K92 Mining Inc.'s product lineup is its gold production, primarily derived from the Kainantu gold mine project. This activity not only forms the backbone of the company’s financial performance but also places K92 Mining Inc. amongst the notable gold producers in the region. Through meticulous exploration and development strategies, the company ensures sustainable gold production, contributing significantly to meeting the global demand for this precious metal.
In addition to gold, K92 Mining Inc. engages in the extraction and processing of copper, one of the world’s most essential industrial metals. The copper production operations leverage the rich copper deposits found within the company’s mining concessions, including the promising Blue Lake gold-copper porphyry deposit located near the Kora and Judd intrusion. This diversity in mineral production underscores K92 Mining's capacity to adapt to market dynamics and sustain its growth trajectory.
Complementing its gold and copper production, K92 Mining Inc. also ventures into the production of silver. Although silver constitutes a smaller portion of the company’s portfolio, it represents K92 Mining’s versatility in mineral production and its ability to harness the full potential of its mining assets. The silver produced contributes to the global supply chain, serving various industrial, investment, and decorative applications.