The Globe and Mail reports in its Wednesday, Sept. 6, edition that CIBC World Markets analyst Mohamed Sidibe rates Frontier Lithium "outperformer" in new coverage. The Globe's David Leeder writes in the Eye On Equities column that Mr. Sidibe set a share target of $4, which is three cents ahead of the consensus. Mr. Sidibe says in a note: "Frontier is a lithium developer focused on building and vertically integrating its PAK project to produce high-quality lithium hydroxide. The asset is located in the Red Lake mining division in Northwestern Ontario and is one of the highest-grade lithium deposits in North America. While Frontier's share price appreciated significantly from 2019 to early 2022, it has been on a downward trend, trading in a narrow band over the last year and a half. We attribute the weakness in the share price to lithium price softness and to an overhang related to questions around site infrastructure and road access. At 0.29 times P/NAV, Frontier trades at a significant discount to overall peers at 0.80 times and to other developers at the feasibility stage at 0.36 times, based on our price deck of $22,500 (U.S.)/t LCE. ... We expect Frontier to rerate higher toward its developer peers."