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

Excellent balance sheet with solid track record.

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

-4.8%

KNT

0.5%

CA Metals and Mining

0.2%

CA Market


1 Year Return

163.9%

KNT

15.0%

CA Metals and Mining

3.5%

CA Market

Return vs Industry: KNT exceeded the Canadian Metals and Mining industry which returned 15% over the past year.

Return vs Market: KNT exceeded the Canadian Market which returned 3.5% over the past year.


Shareholder returns

KNTIndustryMarket
7 Day-4.8%0.5%0.2%
30 Day4.3%-8.9%-3.3%
90 Day-9.5%-8.0%-1.9%
1 Year163.9%163.9%15.9%15.0%7.3%3.5%
3 Year68.5%68.5%-11.6%-13.2%14.7%4.4%
5 Yearn/a15.4%11.6%26.2%7.7%

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 compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: KNT (CA$2.19) is trading below our estimate of fair value (CA$13.18)

Significantly Below Fair Value: KNT is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: KNT is good value based on its PE Ratio (7.5x) compared to the Metals and Mining industry average (13.4x).

PE vs Market: KNT is good value based on its PE Ratio (7.5x) compared to the Canadian market (13.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate KNT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: KNT is overvalued based on its PB Ratio (3.9x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

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

-39.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KNT's earnings are forecast to decline over the next 3 years (-39.9% per year).

Earnings vs Market: KNT's earnings are forecast to decline over the next 3 years (-39.9% per year).

High Growth Earnings: KNT's earnings are forecast to decline over the next 3 years.

Revenue vs Market: Insufficient data to determine if KNT's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: Insufficient data to determine if KNT's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if KNT's Return on Equity is forecast to be high in 3 years time


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

Earnings Trend: KNT's earnings have grown significantly by 60.3% per year over the past 5 years.

Accelerating Growth: KNT's earnings growth over the past year (2010.6%) exceeds its 5-year average (60.3% per year).

Earnings vs Industry: KNT earnings growth over the past year (2010.6%) exceeded the Metals and Mining industry -11.9%.


Return on Equity

High ROE: KNT's Return on Equity (49.5%) is considered outstanding.


Return on Assets

ROA vs Industry: KNT has a higher Return on Assets than the Metals and Mining industry average last year.


Return on Capital Employed

ROCE Improving: KNT's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is K92 Mining's financial position?


Financial Position Analysis

Short Term Liabilities: KNT's short term assets ($27.9M) exceeds its short term liabilities ($16.0M)

Long Term Liabilities: KNT's short term assets (27.9M) exceeds its long term liabilities (2.9M)


Debt to Equity History and Analysis

Debt Level: KNT's debt to equity ratio (3%) is considered satisfactory

Reducing Debt: Insufficient data to determine if KNT's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: KNT's debt is well covered by operating cash flow (979.4%).

Interest Coverage: KNT's interest payments on its debt are well covered by EBIT (55.2x coverage).


Balance Sheet

Inventory Level: KNT has a high level of physical assets or inventory.

Debt Coverage by Assets: KNT's debt is covered by short term assets (assets are 11.039270x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.9%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate KNT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate KNT's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if KNT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KNT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of KNT's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

2.1yrs

Average management tenure


CEO

John Lewins (61yo)

2.2yrs

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

Compensation vs. Market: John has recently become CEO, making it difficult to compare their total compensation against companies of similar size in the Canadian market.

Compensation vs Earnings: John's compensation has increased by more than 20% in the past year.


Management Age and Tenure

2.1yrs

Average Tenure

44yo

Average Age

Experienced Management: KNT's management team is considered experienced (2.1 years average tenure).


Board Age and Tenure

3.4yrs

Average Tenure

61yo

Average Age

Experienced Board: KNT's board of directors are considered experienced (3.4 years average tenure).


Insider Trading

Insider Buying: KNT insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyUS$1,89009 Sep 19
Justin Blanchet
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares1,000
Max PriceUS$1.89
BuyUS$3,69004 Sep 19
Justin Blanchet
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares2,000
Max PriceUS$1.93
BuyUS$1,99022 Aug 19
Justin Blanchet
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares1,000
Max PriceUS$1.99
BuyUS$10,65021 Aug 19
Justin Blanchet
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares5,000
Max PriceUS$2.13
SellUS$51,30016 Aug 19
John Stalker
EntityIndividual
Role
Member of the Board of Directors
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: 2.2yrs
    • Compensation: US$456.28k
  • Justin Blanchet (38yo)

    Chief Financial Officer

    • Tenure: 3.4yrs
    • Compensation: US$121.06k
  • Chris Muller (44yo)

    Vice President of Exploration

    • Tenure: 2yrs
    • Compensation: US$222.00k
  • Allison Snetsinger

    Corporate Secretary

    • Tenure: 0yrs
  • Peter du Plessis

    Executive Director of External Affairs

    • Tenure: 3.3yrs
  • David Medilek

    Vice President Business Development & Investor Relations.

    • Tenure: 0yrs
  • Warren Uyen

    Senior Vice President of Operations

    • Tenure: 0.3yrs
  • Nancy Couvée

    Corporate Secretary

    • Tenure: 1.3yrs

Board Members

  • John Lewins (61yo)

    CEO & Director

    • Tenure: 2.2yrs
    • Compensation: US$456.28k
  • Tookie Angus (70yo)

    Chairman of the Board

    • Tenure: 3.4yrs
    • Compensation: US$75.00k
  • Ian Stalker (68yo)

    Director

    • Tenure: 3.4yrs
    • Compensation: US$80.32k
  • Graham Wheelock (61yo)

    Director

    • Tenure: 3.4yrs
    • Compensation: US$12.00k
  • Mark Eaton (55yo)

    Director

    • Tenure: 3.4yrs
    • Compensation: US$12.00k
  • Saurabh Handa (42yo)

    Director

    • Tenure: 3.4yrs
    • 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$463.108m
  • 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 Analysis2019/10/23 00:18
End of Day Share Price2019/10/22 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.