Canada Research Roundup: Equinox Gold, Franco-Nevada, Gibson Energy

O3 Mining

14/07/2023 08:24

July 14 (Reuters) - Securities analysts revised their ratings and price targets on
several Canadian companies, including Equinox Gold, Franco-Nevada and Gibson Energy, on Friday. 

    HIGHLIGHTS       
                 * Equinox Gold Corp  EQX.TO : CIBC raises to neutral from underperformer
 
                 * Franco-Nevada Corp  FNV.TO : CIBC raises target price to C$258 from C$245 
 
                 * Gibson Energy Inc  GEI.TO : JP Morgan raises to overweight from neutral 
 
 
Following is a summary of research actions on Canadian companies reported by Reuters on Friday.
Stock entries are in alphabetical order.

                 * Advantage Energy Ltd  AAV.TO : CIBC raises target price to C$10.5 from C$10 
 
                 * Arc Resources Ltd  ARX.TO : CIBC raises target price to C$25.50 from C$22.00 
 
                 * Ascot Resources Ltd  AOT.TO : CIBC raises target price to C$0.95 from C$0.90 
 
                 * Centerra Gold Inc  CG.TO : CIBC cuts target price to C$10.6 from C$11 
 
                 * Corus Entertainment Inc  CJRb.TO : CIBC raises target price to C$2.00 from C$1.75 
 
                 * Corus Entertainment Inc  CJRb.TO : RBC raises target price to C$3 from C$2.50 
 
                 * Ensign Energy Services Inc  ESI.TO : CIBC cuts target price to C$3.50 from C$4.25 
 
                 * Equinox Gold Corp  EQX.TO : CIBC raises to neutral from underperformer
 
                 * Equinox Gold Corp  EQX.TO : CIBC raises target price to C$7.20 from C$5.40 
 
                 * First Quantum Minerals Ltd  FM.TO : JP Morgan cuts target price to C$28 from C$29 
 
                 * Fortuna Silver Mines Inc  FVI.TO : CIBC raises target price to C$7.00 from C$6.50 
 
                 * Franco-Nevada Corp  FNV.TO : CIBC raises target price to C$258 from C$245 
 
                 * Freehold Royalties Ltd  FRU.TO : CIBC cuts target price to C$17 from C$18 
 
                 * Gibson Energy Inc  GEI.TO : JP Morgan raises target price to C$27 from C$26 
 
                 * Gibson Energy Inc  GEI.TO : JP Morgan raises to overweight from neutral 
 
                 * Kelt Exploration Ltd  KEL.TO : CIBC raises target price to C$7.75 from C$6.50 
 
                 * Lundin Gold Inc  LUG.TO : CIBC raises target price to C$22.00 from C$21.00 
 
                 * Nuvista Energy Ltd  NVA.TO : CIBC cuts target price to C$16 from C$17 
 
                 * O3 Mining Inc  OIII.V : CIBC raises target price to C$3.75 from C$3.50 
 
                 * Orezone Gold Corp  ORE.TO : CIBC raises target price to C$2.15 from C$1.85 
 
                 * Orla Mining Ltd  OLA.TO : CIBC raises target price to C$7.25 from C$7.00 
 
                 * Osisko Mining Inc  OSK.TO : CIBC cuts target price to C$4.50 from C$5.00 
 
                 * Paramount Resources Ltd  POU.TO : CIBC raises target price to C$40.00 from C$37.50 
 
                 * Pembina Pipeline Corp  PPL.TO : JP Morgan cuts target price to C$50 from C$51 
 
                 * Peyto Exploration & Development Corp  PEY.TO : CIBC cuts PT to C$15.00 from C$17.00 
 
                 * Prairiesky Royalty Ltd  PSK.TO : CIBC raises target price to C$28.50 from C$26.50 
 
                 * Precision Drilling Corp  PD.TO : CIBC cuts target price to C$95.00 from C$135.00 
 
                 * Sandstorm Gold Ltd  SSL.TO : CIBC raises target price to C$11.00 from C$10.00 
 
                 * Secure Energy Services Inc  SES.TO : CIBC cuts target price to C$7.50 from C$8.00 
 
                 * Telus Corp  T.TO : National Bank of Canada cuts target price to C$28 from C$30 
 
                 * Topaz Energy Corp  TPZ.TO : CIBC raises target price to C$26.25 from C$25.00 
 
                 * Torex Gold Resources Inc  TXG.TO : CIBC raises target price to C$21.50 from C$20.00 
 
                 * Tourmaline Oil Corp  TOU.TO : CIBC raises target price to C$75.00 from C$70.00 
 
                 * Triple Flag Precious Metals Corp  TFPM.TO : CIBC raises target to C$30.00 from
 C$28.00 
 
                 * Well Health Technologies Corp  WELL.TO : CIBC raises target price to C$7.50 from
 C$7.00 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))