TD Securities keeps CAD 31.00 target for K92 Mining stock

Published on 10/20/2026 at 21:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TD Securities kept its Buy rating and CAD 31.00 target on October 8, 2026. K92 Mining stock costs EUR 17.10 on October 20, 2026 after the Xetra close.

Analyst target and mine output

TD Securities maintained a Buy rating and a CAD 31.00 target on October 8, 2026.
K92 Mining produced 49,776 ounces of gold equivalent in the third quarter of 2026.
K92 Mining stock was at EUR 17.10 at Lang & Schwarz on October 20, 2026 at 9:42 p.m. CEST.
K92 Mining plans to release third-quarter financial results on November 16, 2026.

KNT, CA4991131083, Illustration mit AI erstellt.

K92 Mining (CA4991131083) carries a CAD 31.00 target from TD Securities, which maintained its Buy rating in an analyst update dated October 8, 2026, according to The Globe and Mail. K92 Mining stock was at EUR 17.10 at Lang & Schwarz on October 20, 2026 at 9:42 p.m. CEST in after-hours trading.

Q3 production reaches 49,776 ounces

K92 Mining produced 49,776 ounces of gold equivalent in the third quarter of 2026, its second-highest quarterly result, and reiterated 2026 guidance of 190,000 to 225,000 ounces. The company also processed a record 250,042 tonnes during the period, up 82.00 percent from the third quarter of 2025, according to Fidelity.

The operating figures put the analyst target in a production context. K92 Mining's third-quarter output was 49,776 ounces, while its full-year guidance requires between 190,000 and 225,000 ounces for 2026. The company expects the fourth quarter to be its strongest, supported by higher-grade stoping, additional mining rates and expansion work.

Price position and valuation

The Toronto-listed stock last traded at CAD 26.98 on October 20, 2026 at 3:47 p.m. EDT. Its 52-week range was CAD 16.56 to CAD 33.45, while its market capitalization was CAD 6.6 billion and its price-to-earnings ratio was 13.26.

K92 Mining is advancing the Kainantu Gold Mine in Papua New Guinea. Its latest investor materials list 245.3 million common shares and 247.5 million fully diluted shares, with cash and equivalents of USD 349.0 million and net cash of USD 310.0 million as of June 30, 2026.

What happens on November 16?

K92 Mining plans to release its third-quarter financial results after North American markets close on November 16, 2026, followed by a conference call at 5:30 p.m. EST, according to MarketScreener. The release will provide the next financial test for production progress, expansion spending and cash generation.

Analyst target and reporting date

TD Securities' CAD 31.00 target remains the clearest valuation marker cited in the recent analyst coverage, while the November 16 reporting date supplies the next scheduled company event. The market capitalization of CAD 6.6 billion and the 13.26 price-to-earnings ratio frame that target against the current Toronto quotation.

Trading level

K92 Mining stock was trading at EUR 17.10 at Lang & Schwarz on October 20, 2026 at 9:42 p.m. CEST, after the Xetra close. On the Toronto Stock Exchange, the stock was last at CAD 26.98 on October 20, 2026 at 3:47 p.m. EDT.

The further course of trading is shown by the continuously updated real-time quote of K92 Mining stock.