K92 Mining IncKNT.TOTOP PICKOct 28, 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)
As the Papua New Guinea gold producer inaugurates a major plant processing expansion, we reiterate KNT as a TOP PICK. It trades at 14x earnings and supports an impressive 44% ROE. We recommend trailing up the stop (from $13.50) to $16.00, looking to achieve $23.00 -- upside potential of 27%. Yield 0%
(Analysts’ price target is $22.89)