RBC $1 target
For what it's worth, RBC maintained their $1 target with a Sector Perform rating. I think it's the only firm with formal coverage still. They forecast $20 million in EBITDA in 2020 and a year end net cash position of $65 million. This is relative to today's market cap of $33 million.
Their valuation methods actually generate an average target value of $1.15. I guess he just rounds it off to $1. Sounds trivial, but 15c on a 41c stock is some massive rounding!