K92 Mining IncKNT.TOTOP PICKFeb 17, 2026Stock 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 KNT as a TOP PICK. This miner with interests in Papua New Guinea expects gold production to increase at least 9% in 2026. It trades at 20x earnings and boasts a 45% ROE. We're watching debt increases closely, but cash flow remains firm. We recommend trailing up the stop (from $22) to $25, looking to achieve $34 -- upside potential of 23%. Yield 0%
(Analysts’ price target is $34.05)