The Globe and Mail reports in its Wednesday edition that RBC Dominion Securities analyst Wayne Lam has reaffirmed his "outperform" recommendation for Torex Gold Resources. The Globe's David Leeder writes that Mr. Lam gave his share target a $2 boost to $32. Analysts on average target the shares at $30.25. Mr. Lam says in a note: "Torex will host an investor day on Thursday, Sept. 5, and is expected to outline initial results from its internal PFS on the EPO deposit. We outline our estimate of the potential opportunity and future contribution from the deposit, which we view as an important catalyst for the company in helping to sustain output levels and fill the mill beyond 2027. We view the upcoming internal PFS on the EPO deposit as a significant milestone for TXG, culminating after several years of assessment and drilling. The deposit sits adjacent to the existing Media Luna orebody and has nearly doubled in size since release of the maiden Inferred resource in 2021, now sitting at 1.9 Moz AuEq at 4.9 g/t with 60 per cent within the indicated category. Given the proximity of the deposit to existing infrastructure, located 500 m from the Guajes Tunnel, we view EPO as a relatively lower-risk growth opportunity."