Pi Financial Stock Recommendations and Price Targets

This is a list of recent ratings by Pi Financial.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
12/8/2021	MIN Excelsior Mining	Lower Price Target	C$0.00	C$1.75 ➝ C$1.00	Buy	N/A
12/8/2021	CXB Calibre Mining	Lower Price Target	C$1.00	C$3.00 ➝ C$2.50		N/A
12/8/2021	CXB Calibre Mining	Lower Price Target	C$1.00	C$2.50	Buy	N/A
12/6/2021	KUT RediShred Capital	Boost Price Target	C$1.00	C$1.30 ➝ C$1.50		N/A
11/26/2021	KUT RediShred Capital	Boost Price Target	C$1.00	C$1.20 ➝ C$1.30		N/A
11/17/2021	ISO IsoEnergy	Set Price Target	C$5.00	C$7.10	Buy	N/A
11/17/2021	NXE NexGen Energy	Reiterated Rating	C$6.00	C$9.10	Buy	N/A
11/15/2021	ITP Intertape Polymer Group	Lower Price Target	C$26.00	C$42.00 ➝ C$39.50	Buy	N/A
11/12/2021	AMX Amex Exploration	Boost Price Target	C$3.00	C$3.45 ➝ C$3.70		N/A
11/12/2021	FVI Fortuna Silver Mines	Downgrade	C$4.00		Buy ➝ Neutral	N/A
11/12/2021	BBTV BBTV	Lower Price Target	C$4.00	C$20.00 ➝ C$13.00	Buy	N/A
11/12/2021	BOS AirBoss of America	Boost Price Target	C$41.00	C$56.00 ➝ C$56.50	Buy	N/A
11/9/2021	MRE Martinrea International	Lower Price Target	C$11.00	C$17.50 ➝ C$15.50	Buy	N/A
11/9/2021	IBG IBI Group	Reiterated Rating	C$14.00		Buy	N/A
11/8/2021	IBG IBI Group	Boost Price Target	C$14.00	C$15.50 ➝ C$17.00		N/A
10/28/2021	ANY Sphere 3D	Initiated Coverage	$4.00		Buy	Low
10/21/2021	NOA North American Construction Group	Reiterated Rating	C$15.00	C$26.00	Buy	Low
10/19/2021	IBIBF IBI Group	Reiterated Rating	C$11.00	C$15.50	Buy	Low
9/30/2021	MRE Martinrea International	Reiterated Rating	C$11.00		Buy	N/A
9/8/2021	GDNP good natured Products	Set Price Target	C$1.00	C$2.15	Buy	N/A
8/27/2021	KUT RediShred Capital	Boost Price Target	C$1.00	C$1.10 ➝ C$1.20		N/A
8/26/2021	SIL SilverCrest Metals	Reiterated Rating	C$10.00		Buy	N/A
8/21/2021	BOS AirBoss of America	Boost Price Target	C$41.00	C$55.00 ➝ C$56.50		N/A
8/20/2021	BOS AirBoss of America	Lower Price Target	C$41.00	C$56.50 ➝ C$55.00	Buy	N/A
8/12/2021	BOS AirBoss of America	Boost Price Target	C$41.00	C$55.00		N/A
8/4/2021	CCL.B CCL Industries	Boost Price Target	C$66.00	C$81.00 ➝ C$82.00	Buy	N/A
8/3/2021	DIV Diversified Royalty	Boost Price Target	C$3.00	C$4.00 ➝ C$4.40	Buy	N/A
7/28/2021	BLN Blackline Safety	Reiterated Rating	C$9.00		Buy	N/A
7/27/2021	FSM Fortuna Silver Mines	Upgrade	$3.00		Neutral ➝ Buy	High
7/27/2021	FVI Fortuna Silver Mines	Upgrade	C$4.00	C$10.00 ➝ C$8.00	Neutral ➝ Buy	N/A
6/22/2021	NOA North American Construction Group	Boost Price Target	C$18.00	C$22.00 ➝ C$26.00	Buy	N/A
6/15/2021	BOS AirBoss of America	Reiterated Rating	C$41.00	C$51.00	Buy	N/A
6/14/2021	BSR Bluestone Resources	Reiterated Rating	C$2.00		Buy	N/A
6/4/2021	EXK Endeavour Silver	Reiterated Rating	C$4.00	C$6.30	Neutral ➝ Hold	Low
6/3/2021	AU Aurion Resources	Lower Price Target	C$1.00	C$1.75 ➝ C$1.65		N/A
6/3/2021	NHK Nighthawk Gold	Lower Price Target	C$1.00	C$2.35 ➝ C$2.25	Buy	N/A
6/3/2021	ORE Orezone Gold	Boost Price Target	C$1.00	C$2.45 ➝ C$2.60		N/A
6/3/2021	PGM Pure Gold Mining	Lower Price Target	C$1.00	C$2.60 ➝ C$2.50		N/A
6/3/2021	NVO Novo Resources Corp. (NVO.V)	Upgrade	C$2.00	C$3.05 ➝ C$3.25	Neutral ➝ Buy	N/A
6/3/2021	EXN Excellon Resources	Lower Price Target	C$2.00	C$5.80 ➝ C$5.50	Buy	N/A
6/3/2021	MMX Maverix Metals	Boost Price Target	C$6.00	C$9.00 ➝ C$9.25		N/A
6/3/2021	JAG Jaguar Mining	Lower Price Target	C$4.00		Buy	N/A
6/3/2021	MMX Maverix Metals	Boost Price Target	C$6.00	C$9.00 ➝ C$9.25		N/A
6/3/2021	EDR Endeavour Silver	Boost Price Target	C$6.00	C$5.80 ➝ C$6.30	Neutral	N/A
6/3/2021	WDO Wesdome Gold Mines	Boost Price Target	C$11.00	C$12.75 ➝ C$14.50	Buy	N/A
5/28/2021	KUT RediShred Capital	Boost Price Target	C$1.00	C$0.95 ➝ C$1.00		N/A
5/27/2021	ERO Ero Copper	Boost Price Target	C$19.00	C$25.50 ➝ C$32.00	Buy	N/A
5/26/2021	HTL Hamilton Thorne	Boost Price Target	C$2.00	C$2.15 ➝ C$2.75		N/A
5/20/2021	MIN Excelsior Mining	Lower Price Target	C$0.00	C$2.35 ➝ C$1.75		N/A
5/18/2021	FIL Filo Mining	Boost Price Target	C$9.00	C$5.75 ➝ C$13.50		N/A
5/17/2021	DIV Diversified Royalty	Boost Price Target	C$3.00	C$3.00 ➝ C$4.00	NA	N/A
5/17/2021	IBG IBI Group	Boost Price Target	C$14.00	C$12.50 ➝ C$14.50	NA	N/A
5/14/2021	CCL.B CCL Industries	Boost Price Target	C$66.00	C$80.00 ➝ C$81.00	Buy	N/A
5/13/2021	SIS Savaria	Boost Price Target	C$20.00	C$23.00 ➝ C$25.00	Buy	N/A
5/13/2021	ITP Intertape Polymer Group	Boost Price Target	C$26.00	C$36.00 ➝ C$39.00	Buy	N/A
5/5/2021	WELL WELL Health Technologies	Reiterated Rating	C$6.00	C$10.50	Buy	N/A
5/3/2021	FVI Fortuna Silver Mines	Reiterated Rating	C$4.00		Neutral	N/A
4/26/2021	WPK Winpak	Upgrade	C$36.00	C$49.00 ➝ C$52.00	Neutral ➝ Buy	N/A
4/14/2021	BBTV BBTV	Reiterated Rating	C$4.00	C$20.00	Buy	N/A
4/9/2021	HTL Hamilton Thorne	Boost Price Target	C$2.00	C$1.80 ➝ C$2.15		N/A
4/9/2021	NVO Novo Resources Corp. (NVO.V)	Downgrade	C$2.00	C$3.25 ➝ C$3.05	Buy ➝ Neutral	N/A
4/8/2021	EXK Endeavour Silver	Upgrade	$4.00		Neutral ➝ Buy	High
4/6/2021	PGM Pure Gold Mining	Lower Price Target	C$1.00	C$3.05 ➝ C$2.60	Buy	N/A
4/4/2021	SIS Savaria	Boost Price Target	C$20.00	C$18.00 ➝ C$23.00	Buy	N/A
4/1/2021	WPK Winpak	Reiterated Rating	C$36.00	C$49.00	Neutral	N/A
3/31/2021	FIL Filo Mining	Reiterated Rating	C$9.00	C$5.75	Buy	N/A
3/29/2021	SIS Savaria	Boost Price Target	C$20.00	C$18.00 ➝ C$23.00	Strong-Buy	N/A
3/25/2021	MTA Metalla Royalty & Streaming	Upgrade	C$9.00		Neutral ➝ Buy	N/A
3/24/2021	VGCX Victoria Gold	Reiterated Rating	C$16.00	C$23.00	Buy ➝ Buy	N/A
3/19/2021	ITP Intertape Polymer Group	Reiterated Rating	C$26.00	C$36.00	Buy	N/A
3/16/2021	IBG IBI Group	Boost Price Target	C$14.00	C$9.50 ➝ C$12.50	Buy	N/A
3/12/2021	GRN Greenlane Renewables Inc. (GRN.V)	Boost Price Target	C$3.00	C$2.45 ➝ C$3.00		N/A
3/10/2021	NCX NorthIsle Copper and Gold	Set Price Target	C$0.00	C$0.75	Buy	N/A
3/8/2021	BSR Bluestone Resources	Boost Price Target	C$2.00	C$3.95 ➝ C$4.25		N/A
3/8/2021	CCL.B CCL Industries	Reiterated Rating	C$66.00	C$80.00	Buy	N/A
3/2/2021	CRON Cronos Group	Boost Price Target	C$6.00	C$7.50 ➝ C$10.00	Neutral	N/A
2/25/2021	MIN Excelsior Mining	Reiterated Rating	C$0.00	C$2.35	Buy	N/A
2/22/2021	UGE UGE International	Reiterated Rating	C$2.00	C$5.25	Buy	N/A
2/19/2021	FOM Foran Mining	Reiterated Rating	C$2.00	C$1.90	Buy	N/A
2/19/2021	NOA North American Construction Group	Boost Price Target	C$18.00	C$17.00 ➝ C$22.00	Buy	N/A
2/12/2021	SIL SilverCrest Metals	Boost Price Target	C$9.00	C$16.65 ➝ C$17.00	Buy	N/A
2/12/2021	SIL SilverCrest Metals	Boost Price Target	C$10.00	C$16.65 ➝ C$17.00	Buy	N/A
2/9/2021	SGI Superior Gold	Boost Price Target	C$1.00	C$1.10 ➝ C$1.15	Buy	N/A
2/9/2021	GSV Gold Standard Ventures	Upgrade	C$1.00	C$1.30	Neutral ➝ Buy	N/A
2/9/2021	TML Treasury Metals	Lower Price Target	C$1.00	C$2.05 ➝ C$2.00	Buy	N/A
2/9/2021	NHK Nighthawk Gold	Lower Price Target	C$1.00	C$2.85 ➝ C$2.65	Buy	N/A
2/9/2021	GSV Gold Standard Ventures	Upgrade	C$2.00	C$1.30	Neutral ➝ Buy	N/A
2/9/2021	ITR Integra Resources	Boost Price Target	C$3.00	C$7.00 ➝ C$7.05	Buy	N/A
2/9/2021	WDO Wesdome Gold Mines	Lower Price Target	C$11.00	C$14.15 ➝ C$13.90	Buy	N/A
2/9/2021	JAG Jaguar Mining	Boost Price Target	C$4.00		Buy	N/A
2/5/2021	SIL SilverCrest Metals	Reiterated Rating	C$10.00	C$16.65	Buy	N/A
2/4/2021	GGD GoGold Resources	Set Price Target	C$3.00	C$3.75	Buy	N/A
2/4/2021	SIL SilverCrest Metals	Set Price Target	C$9.00	C$16.65	Buy	N/A
2/3/2021	TML Treasury Metals	Reiterated Rating	C$1.00	C$2.05	Buy	N/A
1/22/2021	LRTNF Pure Gold Mining	Initiated Coverage	$1.00		Buy	Low
1/21/2021	PGM Pure Gold Mining	Reiterated Rating	C$1.00		Buy	N/A
1/21/2021	AYRSF Ayr Strategies	Initiated Coverage	$21.00	$60.00	Buy	N/A
1/20/2021	FSM Fortuna Silver Mines	Downgrade	$3.00		Buy ➝ Neutral	High
1/15/2021	GTT GT Gold	Boost Price Target	C$4.00	C$3.00 ➝ C$3.40	Buy	N/A
1/15/2021	GGD GoGold Resources	Boost Price Target	C$3.00	C$2.20 ➝ C$3.75	Buy	N/A