The Globe and Mail reports in its Thursday, May 30, edition that RBC Capital analyst Wayne Lam has reaffirmed his "outperform" recommendation for Frontier Lithium. The Globe's David Leeder writes that Mr. Lam cut his share target to $2.50 from $3.25. Analysts on average target the shares at $2.89. Mr. Lam says in a note: "Frontier Lithium continues to advance the PAK project at a measured pace, sequentially putting the pieces in place. While advancement has been slower than anticipated in part due to regulatory hurdles, we remain constructive on the project as a key piece of the North American supply chain given Tier I asset quality and jurisdiction." The Globe reported on Dec. 8 that BMO Nesbitt Burns analyst Greg Jones had commenced coverage on Frontier Lithium with a "market perform" recommendation. In the item, Mr. Jones said he was not rushing to the buy the stock just yet. The shares could then be had for 73 cents. The Globe reported on March 6 that Desjardins Securities analyst Frederic Tremblay was holding on to his "buy" recommendation for Frontier. The shares could then be had for 91 cents. The Globe reported on May 22 that Stifel analyst Cole McGill continued to rate Frontier "buy." It was then worth 84 cents.
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