K92 Mining Stock Buy Hold or Sell Recommendation
| KNT Stock | CAD 9.53 0.21 2.16% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding K92 Mining is 'Strong Hold'. The recommendation algorithm takes into account all of K92 Mining's available fundamental, technical, and predictive indicators you will find on this site.
Check out K92 Mining Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as K92 and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards K92 Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
K92 |
Execute K92 Mining Buy or Sell Advice
The K92 recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on K92 Mining. Macroaxis does not own or have any residual interests in K92 Mining or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute K92 Mining's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | OK | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
K92 Mining Trading Alerts and Improvement Suggestions
| K92 Mining had very high historical volatility over the last 90 days | |
| About 56.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: K92 Mining Hits Exceptional Gold Grades Up to 178 gt AuEq at Kainantu Mine, Discovers New Zones KNTNF Stock News - StockTitan |
K92 Mining Returns Distribution Density
The distribution of K92 Mining's historical returns is an attempt to chart the uncertainty of K92 Mining's future price movements. The chart of the probability distribution of K92 Mining daily returns describes the distribution of returns around its average expected value. We use K92 Mining price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of K92 Mining returns is essential to provide solid investment advice for K92 Mining.
| Mean Return | 0.47 | Value At Risk | -3.69 | Potential Upside | 4.68 | Standard Deviation | 3.21 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of K92 Mining historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
K92 Mining Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 15.4M | 29.9M | 19.8M | 38.7M | (37.3M) | (35.4M) | |
| Free Cash Flow | (17.5M) | 34.9M | 21.4M | 1.4M | (27.8M) | (26.5M) | |
| Capital Expenditures | 44.4M | 29.9M | 39.8M | 71.7M | 102.3M | 107.4M | |
| Net Income | 32.5M | 42.0M | 27.2M | 35.5M | 33.2M | 34.8M | |
| End Period Cash Flow | 21.6M | 51.5M | 71.3M | 109.9M | 72.7M | 76.3M | |
| Other Non Cash Items | 8.8M | 811K | 807K | 5.1M | (944K) | (896.8K) | |
| Change To Inventory | (7.7M) | (6.8M) | (4.3M) | (2.5M) | (6.5M) | (6.2M) | |
| Depreciation | 9.0M | 11.9M | 14.1M | 20.3M | 35.9M | 37.7M | |
| Net Borrowings | 13.2M | (9.3M) | (7.0M) | (4.9M) | (4.4M) | (4.6M) | |
| Change To Netincome | 8.0M | 23.4M | 18.3M | 16.7M | 19.2M | 20.1M | |
| Investments | (44.4M) | (29.9M) | (39.8M) | (71.7M) | (108.7M) | (103.2M) |
K92 Mining Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to K92 Mining or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that K92 Mining's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a K92 stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.41 | |
β | Beta against Dow Jones | 0.42 | |
σ | Overall volatility | 3.18 | |
Ir | Information ratio | 0.11 |
K92 Mining Volatility Alert
K92 Mining currently demonstrates below-average downside deviation. It has Information Ratio of 0.11 and Jensen Alpha of 0.41. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure K92 Mining's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact K92 Mining's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.K92 Mining Fundamentals Vs Peers
Comparing K92 Mining's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze K92 Mining's direct or indirect competition across all of the common fundamentals between K92 Mining and the related equities. This way, we can detect undervalued stocks with similar characteristics as K92 Mining or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of K92 Mining's fundamental indicators could also be used in its relative valuation, which is a method of valuing K92 Mining by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare K92 Mining to competition |
| Fundamentals | K92 Mining | Peer Average |
| Return On Equity | 0.0825 | -0.31 |
| Return On Asset | 0.0749 | -0.14 |
| Profit Margin | 0.13 % | (1.27) % |
| Operating Margin | 0.21 % | (5.51) % |
| Current Valuation | 2.17 B | 16.62 B |
| Shares Outstanding | 237.91 M | 571.82 M |
| Shares Owned By Insiders | 2.53 % | 10.09 % |
| Shares Owned By Institutions | 56.39 % | 39.21 % |
| Number Of Shares Shorted | 1.27 M | 4.71 M |
| Price To Earning | 32.83 X | 28.72 X |
| Price To Book | 3.89 X | 9.51 X |
| Price To Sales | 10.60 X | 11.42 X |
| Revenue | 200.25 M | 9.43 B |
| Gross Profit | 91.91 M | 27.38 B |
| EBITDA | 90.94 M | 3.9 B |
| Net Income | 33.16 M | 570.98 M |
| Cash And Equivalents | 109.94 M | 2.7 B |
| Cash Per Share | 0.36 X | 5.01 X |
| Total Debt | 4.76 M | 5.32 B |
| Debt To Equity | 0.05 % | 48.70 % |
| Current Ratio | 3.51 X | 2.16 X |
| Book Value Per Share | 1.49 X | 1.93 K |
| Cash Flow From Operations | 74.43 M | 971.22 M |
| Short Ratio | 2.05 X | 4.00 X |
| Earnings Per Share | 0.44 X | 3.12 X |
| Target Price | 13.48 | |
| Beta | 1.07 | -0.15 |
| Market Capitalization | 2.29 B | 19.03 B |
| Total Asset | 412.83 M | 29.47 B |
| Retained Earnings | 174.02 M | 9.33 B |
| Working Capital | 99.62 M | 1.48 B |
| Net Asset | 412.83 M |
K92 Mining Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as K92 . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 9001.79 | |||
| Daily Balance Of Power | (1.05) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 9.61 | |||
| Day Typical Price | 9.58 | |||
| Price Action Indicator | (0.19) | |||
| Period Momentum Indicator | (0.21) |
About K92 Mining Buy or Sell Advice
When is the right time to buy or sell K92 Mining? Buying financial instruments such as K92 Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in K92 Stock
K92 Mining financial ratios help investors to determine whether K92 Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in K92 with respect to the benefits of owning K92 Mining security.