The Globe and Mail reports in its Tuesday, June 13, edition that RBC Capital Markets analyst Wayne Lam has reiterated his "outperform" recommendation for Frontier Lithium. The Globe's David Leeder writes in the Eye On Equities column that Mr. Lam gave his share target a 50-cent trim to $3.25. Analysts on average target the shares at $3.95. Mr. Lam says in a note: "We update our Frontier model post-PFS, incorporating higher cost and capex assumptions along with the proposed dual design chemical plant. In our view, Frontier remains well positioned, advancing a Tier I project in Canada with PAK standing out on grades and scale. We view additional derisking milestones including updates on infrastructure, permitting, and partnerships as supporting a potential rerating given current discounted valuation." The Globe reported on Feb. 16 that Mr. Lam had assumed coverage on Frontier Lithium with an "outperform" recommendation. He said the company had an "attractive valuation." The shares could then be had for $2.85. The Globe reported on April 7 that Desjardins Securities analyst Frederic Tremblay said Frontier Lithium's hard rock resource boasts "one of the best grades in North America." It was then worth $2.03.