The Globe and Mail reports in its Wednesday edition that Desjardins Securities analyst Bryce Adams is keeping his "buy" recommendation for Magna Mining at "buy." The Globe's David Leeder writes in the Eye On Equities column that Mr. Adams gave his share target a 20-cent trim to $4.80. Analysts on average target the shares at $4.97. Mr. Adams views the $140-million strategic investment in Magna Mining by Peru's Alpayana "positively as it brings in an experienced underground operator as a 19.9-per-cent cornerstone shareholder and fully funds the potential of simultaneously advancing/fast forwarding Levack and Crean Hill." Mr. Adams says in a note, "Combined with a record quarter at McCreedy West, we see the company as derisked on both the balance sheet and execution fronts, ahead the upcoming Levack PEA and Crean Hill PFS, both in 3Q26." Resuming coverage following the close of the deal, Mr. Adams emphasizes that the proceeds will help the Sudbury, Ont.-based miner accelerate of its development at its mineral projects. ... We now forecast first production and revenue from Levack in 2H27 and from Crean Hill in 1H28. 2Q26 recap. Magna delivered a solid Q2 with record McCreedy West throughput of 98.4k tons processed."