Overview

* K92 Q3 revenue rises 45% yr/yr to record $177.5 mln

* Net income for Q3 increases 84% yr/yr to $85.7 mln

* Company completes Stage 3 Expansion Process Plant under budget

Outlook

* K92 Mining ( KNTNF ) on track to meet 2025 production guidance of 160,000-185,000 oz AuEq

* Stage 3 Expansion commissioning on schedule for November 2025

* K92 plans maiden mineral resource estimate for Arakompa in mid-2026

Result Drivers

* HIGH PRODUCTION - Achieved strong quarterly production of 44,323 oz AuEq, with high metallurgical recoveries of 95% for gold and 94.6% for copper

* EXPLORATION ADVANCEMENTS - Significant progress in exploration at Arakompa with promising mineralization results, indicating strong bulk mining potential

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $177.50

Revenue mln

Q3 EPS $0.35

Q3 Net $85.70

Income mln

Q3 $101.80

Adjusted mln

Free

Cash

Flow

Q3 $130.20

EBITDA mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the gold peer group is "buy"

* Wall Street's median 12-month price target for K92 Mining Inc ( KNTNF ) is C$24.00, about 23.3% above its November 7 closing price of C$18.40

* The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)