Canada Research Roundup: First Mining Gold, Groupe Dynamite, Reconnaissance Energy

Reconnaissance Energy (Africa)

17/06/2026 11:34

June 17 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including First Mining Gold, Groupe Dynamite and Reconnaissance Energy on Wednesday.
     
HIGHLIGHTS    
     
* First Mining Gold Corp. FF.TO: H.C. Wainwright raises target price to C$1.2 from C$1.1 
* Groupe Dynamite Inc GRGD.TO: Canaccord Genuity cuts target price to C$108 from C$110 
* Reconnaissance Energy (Africa) Ltd RECO.V: Canaccord Genuity initiates coverage with speculative buy rating
      
Following is a summary of research actions on Canadian companies reported by Reuters on Wednesday. Stock entries are in alphabetical order. 
       

* Andrew Peller Ltd ADWa.TO: Canaccord Genuity cuts target price to C$8 from C$13.5 
* Andrew Peller Ltd ADWa.TO: Canaccord Genuity cuts to hold from buy
* First Mining Gold Corp. FF.TO: H.C. Wainwright raises PT to C$1.2 from C$1.1 
* Groupe Dynamite Inc GRGD.TO: BMO cuts target price to C$78 from C$106 
* Groupe Dynamite Inc GRGD.TO: Canaccord Genuity cuts PT to C$108 from C$110 
* Groupe Dynamite Inc GRGD.TO: CIBC cuts target price to C$73 from C$100 
* Groupe Dynamite Inc GRGD.TO: Desjardins cuts target price to C$90 from C$100 
* Groupe Dynamite Inc GRGD.TO: National Bank of Canada cuts PT to C$91 from C$102 
* Groupe Dynamite Inc GRGD.TO: Raymond James cuts target price to C$90 from C$110
* Groupe Dynamite Inc GRGD.TO: Raymond James raises to strong buy from outperform
* Groupe Dynamite Inc GRGD.TO: Stifel cuts target price to C$73 from C$110 
* Groupe Dynamite Inc GRGD.TO: UBS cuts target price to C$108 from C$125 
* Reconnaissance Energy (Africa) Ltd RECO.V: Canaccord Genuity initiates coverage with speculative buy rating
* Reconnaissance Energy (Africa) Ltd RECO.V: Canaccord Genuity initiates coverage with target price C$1.75 

 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))