Highwood Asset ManagementHAM.VPAST TOP PICKNov 11, 2026Stock price when the opinion was issued
Great company. Focusing efforts on Brazeau area in Alberta. Sold its Wilson Creek assets, which allowed it to reduce its debt from one of the higher levels among peers to one of the lower ones. Mineral lands it could sell. His price target is $9.50 (88-90% upside). Great management, executing well. Lots of visible catalysts ahead. Undemanding multiple. No dividend.
(Analysts’ price target is $8.13)
(Note the short timeframe.) Sold off Wilson Creek asset to Obsidian, now much more focused. Pristine balance sheet. SAGD project in Spruce Lake is a catalyst. Lots of potential upside.