Analyst Downgraded Stocks on the TSX April 2025

April 19, 2025

Analyst Downgrades

Companies are downgraded when at least one analyst has downgraded their view on the stock, therefore decreasing its average consensus value. Companies can get downgraded for a number of reasons but primarily due to reduced future earnings potential due to loss of contracts, faltering product lines, increasing costs relative to revenue or financial risk.

TSX Venture Exchange

The TSX Venture Exchange is a stock exchange headquartered in Calgary, Alberta, Canada. It is an exchange for the securities of early-stage businesses.

About the Data

This table includes the number of analyst ratings along with the number of buy-hold-sells on the company. A company is included in this list when its mean rating decreases from the previous week.

How do you use this table?

Companies that have recently been downgraded are viewed as having potential future losses. Use this table as a starting point for further research on these companies. Stocks with analyst coverage also tend to have higher visibility in the marketplace, therefore have the potential to be more liquid. Stocks in this category are generally sold to preserve capital or held as a short position.

For an in-depth look at the fundamentals and valuation of each company, try the stockcalc platform free for 30 days.

SymbolNameBuyOutperformHoldUnderperformSellNo OpinionMean RatingPrev Mean LabelMean Label
HSTR Heliostar Metals Ltd 0 1 0 0 0 0 4.0 4.5 Outperform
TGH Tornado Infrastructure Equipment Ltd 2 1 0 0 0 0 4.7 5.0 Buy
All data provided as at market close April 14, 2025.

Company Details

Heliostar Metals Ltd

HSTR:TSX-V

Mean Rating

4.0

Prev Mean Rating

4.5

Mean Label

Outperform

Heliostar Metals Ltd is a junior exploration and development company with a portfolio of high-grade gold projects in Alaska and Mexico. It is engaged in the acquisition, exploration, and development of mineral properties in North America The Company has one reportable segment being the exploration and evaluation of mineral properties. The company's assets and liabilities are held within Canada, Mexico and the United States.

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Tornado Infrastructure Equipment Ltd

TGH:TSX-V

Buy

2

Mean Rating

4.7

Prev Mean Rating

5.0

Mean Label

Buy

Tornado Infrastructure Equipment Ltd is a truck manufacturer. It designs and manufactures hydrovac trucks as well as provides heavy-duty truck maintenance operations in central Alberta. The group sells hydrovac trucks to excavation service providers in the infrastructure and industrial construction and oil and gas markets. Its brands for parts include CatPumps, Ripsaw, Kenworth, and others.

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Analysts downgraded Heliostar Metals and Tornado Infrastructure on the TSX this month. See the full list of analyst downgrades on the blog: https://www.stockcalc.com/Blog/analyst-downgraded-stocks-tsx-april-2025
Heliostar Metals $HSTR and Tornado Infrastructure $TGH downgraded on the #TSX this month. See the full list of downgrades: https://www.stockcalc.com/Blog/analyst-downgraded-stocks-tsx-april-2025
Analysts downgraded Heliostar Metals and Tornado Infrastructure on the TSX this month. See the full list of analyst downgrades on the blog: https://www.stockcalc.com/Blog/analyst-downgraded-stocks-tsx-april-2025

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