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Broker Upgrades: WA gold developer becomes Canaccord's latest 'spec buy'

Summary by Stockhead
Canaccord initiates Ausgold with a spec buy, $1.60 price target Key DFS due soon for 3Moz Katanning gold project Coking coal forecasts clipped by Argonaut   Gold developers are starting to close the gap on miners as prices remain near record highs after a turbulent fortnight in the Middle East. At ~US$3330/oz, word of a potential ceasefire between Iran and Israel has brought the latest rally for bullion in check. But at current prices, a new gol…
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Stockhead broke the news in on Tuesday, June 24, 2025.
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