Recommendations for February 23, 2007 - The BombThe Bomb
Alon USA Energy, Inc.
Paving a Different Road; Initiating Coverage with a Market Perform Rating
Price (22-Feb)
$26.18 52-Week High $42.97
Target Price
$28.00 52-Week Low $19.14
J. Byrne
Anvil Mining Ltd.
Growing Copper Producer in the DRC; Initiating Coverage at Outperform (Speculative)
Price (21-Feb)
$13.36 52-Week High $13.98
Target Price
$18.00 52-Week Low $6.75
J. Hayes
TD Bank Q1/07 Earnings – And the Oscar Goes to …
Price (22-Feb)
$70.74 52-Week High $70.41
Target Price
$75.00↑ 52-Week Low $55.62
I. de Verteuil
Kinross Gold Corp.
Year-End 2006 Results in Line with Expectations
Price (22-Feb)
$16.00 52-Week High $17.00
Target Price
$20.00 52-Week Low $16.00
H. Douglas
Ritchie Bros. Auctioneers
Q4/06 Mixed; Rating Maintained; Target Raised to $64
Price (22-Feb)
$57.74 52-Week High $63.25
Target Price
$64.00↑ 52-Week Low $46.47
B. Powell
Sherritt International Corp.
Q4/06 Results
Price (22-Feb)
$14.50 52-Week High $15.00
Target Price
$20.00 52-Week Low $14.50
J. Turner
Western Oil Sands Inc.
High Costs Offset Strong Top Line in Q4
Price (22-Feb)
$33.92 52-Week High $38.09
Target Price
$31.00 52-Week Low $24.47
R. Ollenberger
Canadian Utilities
Fiscal 2006 EPS Slightly Lower than Expected; Market Perform Rating Unchanged
Price (22-Feb)
$43.90 52-Week High $48.94
Target Price
$42.50 52-Week Low $35.15
K. Taylor
Enerplus Resources Fund
2006 Financial and Operational Results
Price (22-Feb)
$50.40 52-Week High $66.00
Target Price
$51.00 52-Week Low $43.86
G. Tait
PrimeWest Energy Trust
2006 Results in Line; Positive Reserve Growth
Price (22-Feb)
$23.05 52-Week High $35.77
Target Price
$21.00 52-Week Low $19.98
G. Tait
MOSAID Technologies
Q3/07 Results: Mixed Bag of Restructurings, Patent Acquisition, Strong Earnings and Weak Guidance
Price (22-Feb)
$29.65 52-Week High $31.50
Target Price
$36.00 52-Week Low $22.00
B. Piccioni
Legacy Hotels REIT
Q4/06 Results a Bit Soft, but Growth Should Pick up and Underlying Value Potential Remains Compelling
Price (22-Feb)
$10.80 52-Week High $10.94
Target Price
$14.00↑ 52-Week Low $7.19
K. MacIndoe
TriStar Oil & Gas Ltd.
Strong Recycle Ratios Driven by Light Oil Netbacks
Price (22-Feb)
$5.15 52-Week High $7.89
Target Price
$7.75 52-Week Low $4.80
M. Leggett
Vero Energy Inc.
Strong Reserve Growth and Projected F&D Costs
Price (22-Feb)
$5.85 52-Week High $7.06
Target Price
$8.00 52-Week Low $4.20
K. Porteous
Comaplex Minerals Corp.
Resource Update for Tiriganiaq Deposit at Meliadine West; 2007 Exploration & Development Guidance
Price (21-Feb)
$4.70 52-Week High $4.83
Target Price
na 52-Week Low $2.80
C. Miller
Ballard Power Sys.
Q4/06 Results Exceed 2006 Objectives; Cash Burn Remains a Concern
Price (21-Feb)
$6.19 52-Week High $13.14
Target Price
na 52-Week Low $5.05
B. Piccioni
QLT Inc.
How Low Will Visudyne Go?
Price (21-Feb)
$9.59 52-Week High $9.92
Target Price
$10.75↓ 52-Week Low $6.09
C. Charette
Consumers' Waterheater Fund
Q4/06 Results in Line; Distribution Increased 5%; Attrition Rate Rises
Price (22-Feb)
$15.33 52-Week High $16.39
Target Price
$14.75↑ 52-Week Low $11.27
C. Bolton
Great Basin Gold Ltd.
Transforming Transactions at Hollister and Burnstone
Price (21-Feb)
$2.42 52-Week High $2.77
Target Price
na 52-Week Low $1.40
H. Douglas