{
  "id": 9193302,
  "title": "Barrick, Equinox among TD Cowen’s best stock picks",
  "url": "https://urgent.news/2026/09/22/barrick-equinox-among-td-cowens-best-stock-picks",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-22T18:25:00.000Z",
  "source": {
    "name": "Mining.com",
    "slug": "mining-com",
    "url": "https://www.mining.com/barrick-equinox-among-td-cowens-best-stock-picks/"
  },
  "original_language": "en",
  "account": "Precious-metals producers Barrick Mining and Equinox Gold are among TD Cowen's top stock picks for significant returns, according to a new report. The Canadian miners' existing valuation gaps, improved production, and pipeline of future growth projects are key factors driving TD Cowen's investment in them. Barrick, currently trading at a 25% discount to large-cap North American miners, has a target price of $59, which would represent a 38% return from Monday's closing price. Analyst Steven Green expects Barrick's gold output to increase by 16% year-over-year to 3.7 million ounces in 2027 and its copper output to rise by 7% to 225,000 tonnes. Equinox Gold, following its acquisition of Orla Mining, could be a solid holding for investors, with its gold production expected to grow by 40% to 1.27 million ounces in 2027, boosting EBITDA by 62% to $3.48 billion. Analyst Wayne Lam has a target price of C$20 for Equinox, implying a 17% return. Other Canadian miners TD Cowen recommends include Hudbay Minerals, which is benefiting from a recent $1.5-billion acquisition, and Royal Gold, with a target price of $315, reflecting a 26% return.",
  "summary": "Existing valuation gaps, improving production and future growth projects represent key drivers for the Canadian miners.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}