TD keeps Buy ratings on K92 Mining and Royal Gold, trims Royal Gold target
Dow Jones Newswires, citing Baystreet: TD maintained its Buy rating on K92 Mining at a C$31 target and cut its Royal Gold target to $311 from $315.
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what happened
TD kept its Buy rating on shares of Canadian gold miner K92 Mining and left its price target unchanged at C$31 per share. Dow Jones Newswires reported the move, citing data from Baystreet.
Separately, TD maintained its Buy rating on Royal Gold but lowered its price target on the company's shares to $311 from $315.
why it matters
Analyst rating changes like these usually have a modest effect on individual stock prices. For the wider market, the gold price matters more, since both companies are tied to the metal and their valuations depend heavily on it.
tags
instruments
sources
- K92 Mining Inc. Is Maintained at Buy by TD — Dow Jones Newswires, 20 October 2026 at 15:27 UTC
- Royal Gold Inc. Is Maintained at Buy by TD — Dow Jones Newswires, 20 October 2026 at 15:27 UTC
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