Canada Research Roundup: Banyan Gold, Mullen Group, Tamarack Valley Energy

Tamarack Valley Energy

30/09/2026 08:50

Sept 30 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Banyan Gold, Mullen Group and Tamarack Valley Energy, on Wednesday. 
       
HIGHLIGHTS
     
* Banyan Gold Corp BYN.V: National Bank of Canada resumes coverage with outperform rating
    * E3 Lithium Ltd ETL.V: ATB Cormark Capital Markets cuts PT to C$3.75 from C$4 
    * Hudbay Minerals Inc. HBM.TO: Raymond James raises target price to C$43 from C$42 
* Mullen Group Ltd. MTL.TO: RBC raises target price to C$32 from C$30 
* Tamarack Valley Energy Ltd. TVE.TO: Scotiabank initiates coverage with sector outperform rating
     
     The following is a summary of research actions on Canadian companies reported by Reuters on Wednesday. Stock entries are in alphabetical order.  
     
* Banyan Gold Corp BYN.V: National Bank of Canada resumes coverage with price target C$3 
* Banyan Gold Corp BYN.V: National Bank of Canada resumes coverage with outperform rating
* Cascades Inc. CAS.TO: CIBC raises target price to C$23 from C$17.5 
    * E3 Lithium Ltd ETL.V: ATB Cormark Capital Markets cuts PT to C$3.75 from C$4 
* Gibson Energy Inc. GEI.TO: ATB Cormark Capital Markets raises PT to C$35 from C$34 
* Hudbay Minerals Inc. HBM.TO: Raymond James raises target price to C$43 from C$42 
* Hudbay Minerals Inc. HBM.TO: Haywood Securities raises target price to C$45 from C$43
* Mullen Group Ltd. MTL.TO: RBC raises target price to C$32 from C$30 
* Quarterhill Inc QTRH.TO: CIBC cuts target price to C$4 from C$4.5 
* Rogers Communications Inc RCIb.TO: National Bank of Canada cuts PT to C$59 from C$62 
* Russel Metals Inc. RUS.TO: RBC raises target price to C$107 from C$92 
* Stella-Jones Inc. SJ.TO: RBC cuts target price to C$76 from C$79 
* Tamarack Valley Energy Ltd. TVE.TO: Scotiabank initiates coverage with PT C$17 
* Tamarack Valley Energy Ltd. TVE.TO: Scotiabank initiates coverage with sector outperform rating
* Telus Corporation T.TO: National Bank of Canada cuts target price to C$13 from C$15 
* Westshore Terminals Investment Corporation WTE.TO: RBC raises target price to C$47 from C$44 

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