Cashu Research sets CAD 1.25 target for K2 Gold stock

Published on 10/15/2026 at 20:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The TSXV quote stood at CAD 0.70 on October 15, 2026. K2 Gold stock costs EUR 0.44 on October 15, 2026.

Targets and market measures

Cashu Research initiated coverage with a CAD 1.25 target on September 15, 2026.
The TSXV quote was CAD 0.70 at 11:24 a.m. ET on October 15, 2026.
K2 Gold stock traded at EUR 0.44 at Lang & Schwarz on October 15, 2026 at 8:30 p.m. CEST.
K2 Gold had a CAD 169.6 million market capitalization on October 15, 2026.

KTO, CA50117M1068, Illustration mit AI erstellt.

Cashu Research initiated coverage of K2 Gold with a CAD 1.25 12-month price target on September 15, 2026, compared with a CAD 0.84 close at that time. The research note assigned a Speculative Buy rating and highlighted the risks of a pre-resource explorer. K2 Gold stock was trading at EUR 0.44 at Lang & Schwarz on October 15, 2026 at 8:30 p.m. CEST.

TSXV quote at CAD 0.70

The home-market quote was CAD 0.70 at 11:24 a.m. ET on October 15, 2026, up from a CAD 0.68 previous close. The quote carried a market capitalization of CAD 169.6 million, a price-to-earnings ratio of minus 15.66 and a 52-week range of CAD 0.35 to CAD 0.95.

K2 Gold range spans CAD 0.35 to CAD 0.95

At CAD 0.70, the stock stood 26.32 percent below its CAD 0.95 52-week high and exactly 100.00 percent above its CAD 0.35 low on October 15, 2026. The range places the current home-market quote in the upper half of its yearly band, while the company remains an exploration-stage gold developer rather than a producer.

On October 8, 2026, K2 Gold reported results from 346 rock samples. The company said the Dragonfly target extended to 1,000 meters, while Flores samples returned grades of up to 28.8 grams of gold per tonne and the Stega zone produced copper results of up to 24.8 percent.

Valuation reflects exploration risk

The CAD 1.25 target from Cashu Research was 87.50 percent above the CAD 0.70 home-market quote on October 15, 2026. Its report dated September 15, 2026 also noted that Mojave had no mineral resource estimate, true widths remained unknown and metallurgy had not been established.

Comparison with peers

K2 Gold: P/E minus 15.66, market capitalization CAD 169.6 million

Gold Terra Resource (OTC, USD): minus 1.44 percent, P/E minus 48.61, market capitalization USD 63.4 million

Agnico Eagle Mines (NYSE, USD): plus 5.21 percent, P/E 16.00, market capitalization USD 94.3 billion

Price remains the market frame

K2 Gold combines a small exploration valuation with a wide range of possible outcomes from its Mojave drilling program. The October 8 release said 7,600 meters had been completed in 39 holes within the fully funded 14,000-meter campaign. For investors, the CAD 1.25 target and the absence of a defined mineral resource are the two clearest figures framing the stock.

The further course of trading is shown by the continuously updated real-time quote of KTO stock.