The Globe and Mail reports in its Thursday, Aug. 7, edition that BMO Capital Markets analyst Raj Ray resumed coverage on Frontier Lithium with a "market perform" recommendation and a 75-cent share target. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $2.10. Mr. Ray says in a note: "Frontier is developing the PAK lithium project with its minority joint venture partner Mitsubishi. Frontier is differentiated from many of its peers with one of the highest-grade resources globally, which we believe should result in an attractive cost profile. We like the project quality and have confidence in management's ability to execute; however, the project is longer dated relative to peer projects, and we look for greater visibility on the infrastructure project development." The Globe reported on Jan. 17 that Stifel analyst Cole McGill had reaffirmed his "buy" recommendation for Frontier Lithium. In the item, he gave his share target a 50-cent trim to $2.50. The shares could then be had for 48 cents.