K92 Mining GAAP EPS of $0.35, revenue of $177.5M beats by $15.47M; on track to meet 2025 production guidance

Published 5 hours ago Positive
K92 Mining GAAP EPS of $0.35, revenue of $177.5M beats by $15.47M; on track to meet 2025 production guidance
* K92 Mining press release [https://seekingalpha.com/pr/20299960-k92-mining-announces-strong-q3-2025-financial-results-record-net-cash-balance-operating] (OTCQX:KNTNF [https://seekingalpha.com/symbol/KNTNF]): Q3 GAAP EPS of $0.35.
* Revenue of $177.5M (+44.6% Y/Y) beats by $15.47M.
* Strong quarterly production of 44,323 ounces gold equivalent or 42,244 oz gold, 1,323,538 lbs copper and 34,831 oz silver.
* ON TRACK TO MEET 2025 PRODUCTION GUIDANCE of 160,000–185,000 oz AuEq, with over 80% of the lower end of annual guidance achieved in the first three quarters, plus a 4,893 oz AuEq commissioning stockpile in line with the Stage 3 Expansion requirements (28,702 tonnes at 5.3 g/t AuEq or 5.0 g/t gold, 0.24% copper, and 11.9 g/t silver).
* Net of by-product credit basis cash costs of $694/oz gold and all-in sustaining costs (“AISC”) of $1,254/oz gold(2), co-product basis cash costs of $797/oz AuEq and AISC of $1,330/oz AuEq(2).
* Strong metallurgical recoveries in Q3 of 95.0% for gold and 94.6% for copper.
* Quarterly ore processed of 137,172 tonnes and total ore mined of 152,485 tonnes, with long hole open stoping performing to design, and 2,477 metres of total mine development.
* Head grade of 11.2 grams per tonne (“g/t”) AuEq or 10.7 g/t gold, 0.47% copper and 10.3 g/t silver.
* Record operating cash flow (before working capital adjustments) for the three months ended September 30, 2025, of $101.8 million or $0.42 per share, and record earnings before interest, taxes, depreciation and amortization (“EBITDA”) (2) of $130.2 million or $0.54 per share.
* Sales of 45,006 oz gold, 1,480,151 lbs copper and 43,271 oz silver. Gold concentrate and doré inventory of 7,913 oz as of September 30, 2025, a decrease of 500 oz over the prior quarter.

MORE ON K92 MINING INC.

* K92 Mining: Well On Track To Tier One Mid-Size Gold Producer [https://seekingalpha.com/article/4815111-k92-mining-on-track-tier-one-mid-size-gold-producer]
* Seeking Alpha’s Quant Rating on K92 Mining Inc. [https://seekingalpha.com/symbol/KNT:CA/ratings/quant-ratings]
* Historical earnings data for K92 Mining Inc. [https://seekingalpha.com/symbol/KNT:CA/earnings]
* Financial information for K92 Mining Inc. [https://seekingalpha.com/symbol/KNT:CA/income-statement]