TSXV:KNT

Stock Analysis Report

Executive Summary

K92 Mining Inc. engages in the exploration, development, and mining of mineral deposits in Papua New Guinea.

Snowflake

Fundamentals

Outstanding track record with excellent balance sheet.

Risks

  • K92 Mining has significant price volatility in the past 3 months.
  • K92 Mining is not covered by any analysts.

Share Price & News

How has K92 Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.2%

TSXV:KNT

-2.7%

CA Metals and Mining

-1.2%

CA Market


1 Year Return

254.2%

TSXV:KNT

19.4%

CA Metals and Mining

-4.6%

CA Market

KNT outperformed the Metals and Mining industry which returned 19.6% over the past year.

KNT outperformed the Market in Canada which returned -4.4% over the past year.


Share holder returns

KNTIndustryMarket
7 Day1.2%-2.7%-1.2%
30 Day8.5%-1.7%-3.0%
90 Day68.9%19.5%-3.3%
1 Year254.2%254.2%20.3%19.4%-1.2%-4.6%
3 Year65.6%65.6%-15.6%-17.2%13.5%3.5%
5 Yearn/a-9.6%-13.0%12.2%-3.5%

Price Volatility Vs. Market

How volatile is K92 Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is K92 Mining undervalued based on future cash flows and its price relative to the stock market?

13%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

K92 Mining's share price is below the future cash flow value, but not at a moderate discount (< 20%).

K92 Mining's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

K92 Mining is good value based on earnings compared to the CA Metals and Mining industry average.

K92 Mining is good value based on earnings compared to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for K92 Mining, we can't assess if its growth is good value.


Price Based on Value of Assets

K92 Mining is overvalued based on assets compared to the CA Metals and Mining industry average.


Next Steps

Future Growth

How is K92 Mining expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

-34.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if K92 Mining is high growth as no revenue estimate data is available.

K92 Mining's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare K92 Mining's revenue growth to the Canada market average as no estimate data is available.

K92 Mining's earnings are expected to decrease over the next 1-3 years, this is below the Canada market average.

K92 Mining's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if K92 Mining will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has K92 Mining performed over the past 5 years?

60.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

K92 Mining has delivered over 20% year on year earnings growth in the past 5 years.

K92 Mining's 1-year earnings growth exceeds its 5-year average (2010.6% vs 60.3%)

K92 Mining's earnings growth has exceeded the CA Metals and Mining industry average in the past year (2010.6% vs -28.6%).


Return on Equity

K92 Mining made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).


Return on Assets

K92 Mining used its assets more efficiently than the CA Metals and Mining industry average last year based on Return on Assets.


Return on Capital Employed

K92 Mining has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is K92 Mining's financial position?


Financial Position Analysis

K92 Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

K92 Mining's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

K92 Mining's level of debt (3%) compared to net worth is satisfactory (less than 40%).

Unable to establish if K92 Mining's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (979.4%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 55.2x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 11x debt.


Next Steps

Dividend

What is K92 Mining's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate K92 Mining's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate K92 Mining's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as K92 Mining has not reported any payouts.

Unable to verify if K92 Mining's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as K92 Mining has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of K92 Mining's salary, the management and board of directors tenure and is there insider trading?

1.9yrs

Average management tenure


CEO

John Lewins (61yo)

2.0yrs

Tenure

US$456,280

Compensation

Mr. John Derek Lewins, B.Sc. (Mineral Eng), Grad Dip Management, has been the Chief Executive Officer of K92 Mining Inc. since August 2017 and served as its Chief Operating Officer since May 20, 2016 until ...


CEO Compensation Analysis

John's remuneration is lower than average for companies of similar size in Canada.

John's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

1.9yrs

Average Tenure

44yo

Average Age

The average tenure for the K92 Mining management team is less than 2 years, this suggests a new team.


Board Age and Tenure

3.3yrs

Average Tenure

61yo

Average Age

The tenure for the K92 Mining board of directors is about average.


Insider Trading

K92 Mining individual insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

SellUS$51,30016 Aug 19
John Stalker
EntityIndividual
Role
Chairman of the Board
Director
Shares25,000
Max PriceUS$2.05
BuyUS$2,47231 Jul 19
J&Lb Incorporated
EntityCompany
Shares1,075
Max PriceUS$2.30
BuyUS$12,23009 Jul 19
Justin Blanchet
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares6,000
Max PriceUS$2.04
SellUS$138,60027 May 19
Mark Eaton
EntityIndividual
Role
Member of the Board of Directors
Director
Shares90,000
Max PriceUS$1.54
SellUS$322,07611 May 19
Graham Wheelock
EntityIndividual
Role
Member of the Board of Directors
Director
Shares216,000
Max PriceUS$1.50

Ownership Breakdown


Management Team

  • John Lewins (61yo)

    CEO & Director

    • Tenure: 2.0yrs
    • Compensation: US$456.28k
  • Justin Blanchet (38yo)

    Chief Financial Officer

    • Tenure: 3.3yrs
    • Compensation: US$121.06k
  • Chris Muller (44yo)

    Vice President of Exploration

    • Tenure: 1.8yrs
    • Compensation: US$222.00k
  • Allison Snetsinger

    Corporate Secretary

    • Tenure: 0.0yrs
  • Peter du Plessis

    Executive Director of External Affairs

    • Tenure: 3.1yrs
  • David Medilek

    Vice President Business Development & Investor Relations.

    • Tenure: 0.0yrs
  • Warren Uyen

    Senior Vice President of Operations

    • Tenure: 0.2yrs
  • Nancy Couvée

    Corporate Secretary

    • Tenure: 1.2yrs

Board Members

  • John Lewins (61yo)

    CEO & Director

    • Tenure: 2.0yrs
    • Compensation: US$456.28k
  • Tookie Angus (70yo)

    Chairman of the Board

    • Tenure: 3.3yrs
    • Compensation: US$75.00k
  • Ian Stalker (68yo)

    Director

    • Tenure: 0.4yrs
    • Compensation: US$80.32k
  • Graham Wheelock (61yo)

    Director

    • Tenure: 3.3yrs
    • Compensation: US$12.00k
  • Mark Eaton (55yo)

    Director

    • Tenure: 3.3yrs
    • Compensation: US$12.00k
  • Saurabh Handa (42yo)

    Director

    • Tenure: 3.3yrs
    • Compensation: US$12.00k

Company Information

K92 Mining Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: K92 Mining Inc.
  • Ticker: KNT
  • Exchange: TSXV
  • Founded: 2010
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$539.236m
  • Shares outstanding: 211.46m
  • Website: https://www.k92mining.com

Location

  • K92 Mining Inc.
  • 1090 West Georgia Street
  • Suite 488
  • Vancouver
  • British Columbia
  • V6E 3V7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KNTTSXV (TSX Venture Exchange)YesCommon SharesCACADMay 2016
92KDB (Deutsche Boerse AG)YesCommon SharesDEEURMay 2016
KNTN.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMay 2016

Biography

K92 Mining Inc. engages in the exploration, development, and mining of mineral deposits in Papua New Guinea. The company produces gold, copper, and silver concentrates. Its principal property is the Kainan ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 00:32
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.