Canada Research Roundup: Franco-Nevada, Prairiesky Royalty, Torex Gold Resources

O3 Mining

07/02/2023 07:07

Feb 7 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian
companies, including Franco-Nevada, Prairiesky Royalty and Torex Gold Resources, on Tuesday.
    HIGHLIGHTS   
                 * Franco-Nevada Corp  FNV.TO : CIBC raises target price to C$240 from C$230 
 
                 * Prairiesky Royalty Ltd  PSK.TO : RBC raises target price to C$26 from C$25 
 
                 * Torex Gold Resources Inc  TXG.TO : CIBC raises target price to C$20 from C$18.5 
 
 Following is a summary of research actions on Canadian companies reported by Reuters on Tuesday. Stock
entries are in alphabetical order. 
                 * Alamos Gold Inc  AGI.TO : CIBC raises target price to C$18.5 from C$17.5 
 
                 * Artemis Gold Inc  ARTG.V : CIBC cuts target price to C$8.25 from C$9 
 
                 * Ascot Resources Ltd  AOT.TO : CIBC raises target price to C$0.9 from C$0.75 
 
                 * Canadian Tire Corporation Ltd  CTCa.TO : Canaccord Genuity cuts PT to C$181 from C$182 
 
                 * Canadian Tire Corporation Ltd  CTCa.TO : RBC cuts target price to C$222 from C$234 
 
                 * Centerra Gold Inc  CG.TO : CIBC raises target price to C$10.50 from C$7.75 
 
                 * Endeavour Silver Corp  EDR.TO : CIBC cuts target price to C$6.50 from C$7.50 
 
                 * Equinox Gold Corp  EQX.TO : CIBC raises target price to C$5.7 from C$4.2 
 
                 * Finning International  FTT.TO : National Bank of Canada cuts to sector perform from
 outperform 
 
                 * Fortuna Silver Mines Inc  FVI.TO : CIBC raises target price to C$6 from C$5.85 
 
                 * Franco-Nevada Corp  FNV.TO : CIBC raises target price to C$240 from C$230 
 
                 * Karora Resources Inc  KRR.TO : CIBC raises target price to C$5.2 from C$4.5 
 
                 * Lundin Gold Inc  LUG.TO : CIBC raises target price to C$18.5 from C$15.5 
 
                 * Mag Silver Corp  MAG.TO : CIBC cuts target price to C$24 from C$27 
 
                 * O3 Mining Inc  OIII.V : CIBC cuts target price to C$3.50 from C$4.00 
 
                 * Prairiesky Royalty Ltd  PSK.TO : RBC raises target price to C$26 from C$25 
 
                 * Sandstorm Gold Ltd  SSL.TO : CIBC cuts target price to C$10.5 from C$12.5 
 
                 * Torex Gold Resources Inc  TXG.TO : CIBC raises target price to C$20 from C$18.5 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))