The Globe and Mail reports in its Wednesday edition that RBC Capital Markets analysts see a more "constructive" outlook for gold equities after raising both their short- and long-term price assumptions for the precious metal on Tuesday. The Globe's David Leeder writes in the Eye On Equities column that with that view, RBC analyst Wayne Lam elevated his call for K92 Mining to "outperform" from "sector perform." Mr. Lam gave his share target a 50-cent boost to $10. Analysts on average target the shares at $11.58. Mr. Lam says in a note: "In our view, risk/reward for shares is at an attractive level with upcoming derisking elements that could serve as potential catalysts. Overall, we view K92 Mining as providing substantial growth via lower-capital Stage 3 and 4 expansions alongside an aggressive exploration program that could continue to unlock upside in the months ahead." The Globe reported on Oct. 4, that Mr. Lam began coverage on K92 Mining with a "sector perform" ranking and a $9.50 share target. The shares could then be had for $8.19. The Globe reported on June 2 that Raymond James analysts recommended K92 Mining for its growth potential and exploration opportunities. The shares could then be had for $5.95.