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Tiernan Gold initiated with a Speculative Buy at Canaccord

Canaccord initiated coverage of Tiernan Gold (RLTWF) with a Speculative Buy rating and C$32.75 price target The company is well funded until the end of 2027 to advance the Volcan gold project, the analyst tells investors in a research note. The firm says Tiernan trades at a discount of net asset value versus its gold developer peer group average.

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