K92 Mining IncKNT.TOTOP PICKJul 08, 2025Stock price when the opinion was issued
As of Sep 18, 2026. Market Open.
Gold prices are rising as the USD weakens, and this helps KNT. They continue to expand the mine they bought from Barrick 2 years ago, aiming for full production in a couple of years. They are exploring in Papua New Guinea without issue. Their production is high-grade and low cost. They trade at a discount to peers.
(Analysts’ price target is $34.50)
We reiterate this gold producer with holdings in Papua New Guinea as a TOP PICK. It trades at 15x earnings and supports a ROE of 39%. Cash reserves are growing aggressively. We recommend maintaining the stop at $13.50, looking to achieve $18.00 -- upside potential of 21%. Yield 0%
(Analysts’ price target is $17.79)