The Globe and Mail reports in its Tuesday, Feb. 25, edition that Canaccord Genuity analyst Timothy Hoff began coverage on Q2 Metals with a "speculative buy" rating and $2 share target. The Globe's David Leeder writes in the Eye On Equities column that Mr. Hoff says in a note: "Q2 is an early stage exploration company with its primary asset being the Cisco lithium project in the James Bay region of Quebec, Canada. Cisco has already delivered some world-class exploration drill intercepts, with its best hit (347m at 1.35-per-cent Li2O) giving Cisco the third highest reported grade interval (metres times grade). We have modelled the asset and believe the deposit has the potential to deliver a +200Mt Resource, with exploration potential beyond this. We value Cisco using a 50-per-cent risked EV/Resource multiple, based on hard rock peers."