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CANADA RESEARCH ROUNDUP-Equinox Gold, Fortuna Mining, Wajax

ReutersFeb 4, 2026 5:15 PM

- Securities analysts revised their ratings and price targets on several Canadian companies, including Equinox Gold , Fortuna Mining and Wajax, on Wednesday.

HIGHLIGHTS

Aya Gold & Silver Inc AYA.TO: CIBC raises target price to C$35 from C$30

Equinox Gold Corp EQX.TO: CIBC raises to outperformer from neutral

Fortuna Mining Corp FVI.TO: CIBC raises to neutral from underperformer

Skeena Resources Ltd SKE.TO: CIBC raises target price to C$58 from C$44

Wajax Corp WJX.TO: TD Cowen raises target price to C$28 from C$25

Following is a summary of research actions on Canadian companies reported by Reuters on Wednesday. Stock entries are in alphabetical order.

Alamos Gold Inc AGI.TO: CIBC raises target price to C$80 from C$74

Allied Gold Corp AAUC.TO: National Bank of Canada raises PT to C$44.00 from C$41.00

Allied Gold Corp AAUC.TO: National Bank of Canada raises to tender from outperform

Aya Gold & Silver Inc AYA.TO: CIBC raises target price to C$35 from C$30

Centerra Gold Inc CG.TO: CIBC raises target price to C$37 from C$30

DPM Metals Inc DPM.TO: CIBC raises target price to C$58 from C$44

Equinox Gold Corp EQX.TO: CIBC raises target price to C$31 from C$21.5

Equinox Gold Corp EQX.TO: CIBC raises to outperformer from neutral

Enerflex Ltd EFX.TO: Raymond James cuts to outperform from strong buy

ERO Copper Corp ERO.TO: CIBC raises target price to C$52 from C$42

Finning International Inc FTT.TO: TD Cowen raises target price to C$100 from C$88

First Quantum Minerals Ltd FM.TO: CIBC raises target price to C$46 from C$36

Fortuna Mining Corp FVI.TO: CIBC raises target price to C$16 from C$9

Fortuna Mining Corp FVI.TO: CIBC raises to neutral from underperformer

Franco-Nevada Corp FNV.TO: CIBC raises target price to C$480 from C$460

G Mining Ventures Corp GMIN.TO: CIBC raises target price to C$60 from C$42

Hudbay Minerals Inc HBM.TO: CIBC raises target price to C$42 from C$35

Kinaxis Inc KXS.TO: Scotiabank cuts target price to C$200 from C$240

Lundin Gold Inc LUG.TO: CIBC raises target price to C$141 from C$123

Lundin Mining Corp LUN.TO: CIBC raises target price to C$37 from C$30

Ngex Minerals Ltd NGEX.TO: CIBC raises target price to C$34 from C$26

Oceanagold Corp OGC.TO: CIBC raises target price to C$66 from C$50

Orla Mining Ltd OLA.TO: CIBC raises target price to C$32 from C$27

Pembina Pipeline Corp PPL.TO: Jefferies raises target price to C$57 from C$53

Skeena Resources Ltd SKE.TO: CIBC raises target price to C$58 from C$44

Skeena Resources Ltd SKE.TO: UBS raises target price to C$60 from C$45

Suncor Energy Inc SU.TO: TD Cowen raises target price to C$81 from C$74

Suncor Energy Inc SU.TO: BMO raises target price to C$85 from C$70

TCP Energy Corp TRP.TO: Jefferies raises target price to C$80 from C$74

Teck Resources Ltd TECKb.TO: CIBC raises target price to C$77 from C$61

Torex Gold Resources Inc TXG.TO: CIBC raises target price to C$100 from C$90

Toromont Industries Ltd TIH.TO: TD Cowen raises target price to C$195 from C$180

Triple Flag Precious Metals Corp TFPM.TO: CIBC raises target price to C$74 from C$66

Wajax Corp WJX.TO: TD Cowen raises target price to C$28 from C$25

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