The Globe and Mail reports in its Tuesday, Sept. 22, edition that despite inflation and interest rate hikes, analysts at National Bank Financial view metal prices positively, citing strong central bank buying, demand from China and India, a weakening greenback due to high debt levels, and geopolitical uncertainty. The Globe's David Leeder writes in the Eye On Equities column that National Bank analysts upgraded their price forecasts for all metals and foreign exchange rates. The analysts updated their long-term prices to reflect ongoing inflationary pressures and anticipated cost increases as mining companies optimize mine planning in a high commodity price environment. National analyst Alex Terentiew has reaffirmed his "outperform" recommendation for Nexgold Mining. He continues to target the shares at $5.50. Analysts on average target the shares at $5.05. Mr. Terentiew says in a note, "We continue to view Nexgold as the most undervalued company in the precious metals sector under coverage and reiterate our rating as a 'Top Pick' among its project developer peers." The Globe reported on March 31 that Mr. Terentiew continued to rate Nexgold "outperform." The shares could then be had for $1.50.