K92 Mining Inc. (KNT) Financings
TSX: KNT · Gold, Copper, Silver · Production stage
- Market cap$6.71B
- Share price$27.35
- 52-week range$16.56 – $33.45
- Shares outstanding245,290,724
- ExchangeTSX
- Websitewww.k92mining.com
K92 Mining Inc. is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands Province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine. The Company declared commercial production from Kainantu in February 2018, is in a strong financial position, and is working to become a Tier 1 mid-tier producer through ongoing expansions. A maiden resource estimate on the Blue Lake copper-gold porphyry project was completed in August 2022. K92 is operated by a team of mining company professionals with extensive international mine-building and operational experience.
- Company Overview
- Interactive Economic Study
- Mining Data
- News
- Financials
- Management Team
- Insider Sales
- SEDAR+ Filings
K92 Mining Inc. financial statements
Key figures read from 37 of 37 financial statement filings, Apr 25, 2017 to Aug 10, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | US$230,878 | US$140,073 | US$72,652 | US$109,938 | US$71,270 |
| Short-term investments | US$0 | US$1,213 | — | — | — |
| Total current assets | US$377,413* | US$209,264* | US$147,497* | US$173,329* | US$121,518* |
| Property, plant and equipment | US$569,861 | US$394,725 | US$264,032 | US$190,458 | US$139,798 |
| Total assets | US$957,817 | US$628,269 | US$412,832 | US$370,715 | US$273,023 |
| Debt | US$49,309 | US$59,211 | — | — | US$0 |
| Shareholders' equity | US$767,555 | US$474,740 | US$350,892 | US$309,306 | US$225,136 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Revenue | US$595,249 | US$350,623 | US$200,255 | US$188,186 | US$154,326 |
| Cost of sales | (US$156,912) | (US$142,237) | (US$111,388) | (US$96,272) | (US$83,297) |
| Exploration and evaluation expense | (US$17,961) | (US$16,535) | (US$19,757) | (US$16,219) | (US$12,017) |
| General and administrative | (US$14,974) | (US$11,178) | (US$7,658) | (US$6,811) | (US$6,081) |
| Share-based compensation | (US$4,767) | (US$3,950) | (US$4,691) | (US$3,210) | (US$5,182) |
| Impairments and write-downs | (US$9,439) | (US$2,339) | (US$2,809) | — | — |
| Net income (loss) | US$270,193 | US$111,224 | US$33,163 | US$35,523 | US$27,241 |
Cash flow statement: annual key figures
US dollars (US$), in thousands, figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | US$280,910 | US$185,088 | US$74,430 | US$73,128 | US$61,216 |
| Investing cash flow | (US$193,743) | (US$174,466) | (US$108,665) | (US$71,728) | (US$39,812) |
| Financing cash flow | US$3,008 | US$60,645 | (US$3,496) | US$39,405 | (US$1,712) |
| Property, plant and equipment spending | (US$208,759) | (US$158,508) | (US$100,970) | (US$67,390) | (US$37,879) |
| Proceeds from share issues | — | — | US$0 | (US$2,336) | — |
| Change in cash | US$90,175 | US$71,267 | (US$37,731) | US$40,805 | US$19,692 |
| Cash at end of period | US$230,878 | US$140,073 | US$72,652 | US$109,938 | US$71,270 |
K92 Mining Inc. financings
1 financing announced or closed by K92 Mining Inc., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2024-06-19 | K92 Mining Inc. (KNT) | Private placement | Upsized | US$150.0M | — | K92 Mining Announces Upsized Senior Secured Credit Facilities of up to US$150 Million and Offtake Agreement with Trafigura |