The Globe and Mail reports in its Friday, Nov. 28, edition that Desjardins Securities analyst Bryce Adams began coverage on K92 Mining with a "buy" recommendation and a $26 share target. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $24.21. Mr. Adams says in a note: "K92 Mining offers investors above-average growth potential and a discounted valuation. Further, we see above-average resource growth potential at the large and prospective Kainantu land package. K92 Mining is on the cusp of delivering its Phase 3 production profile (we expect the paste plant by mid-2026 to be the last key project) and will quickly segue into Phase 4 expansion. Kainantu is a high-grade, underground operation in Papua New Guinea. In our view, single-asset and geopolitical risks are more than offset by compelling upside opportunities. Of the four companies we are initiating coverage on (K92 Mining, Alamos Gold, Kinross Gold and OceanaGold) in this report, we view K92 Mining as a top pick in the group for its transformative growth and outsized resource upside potential."