TSX Miners Shine as Analysts Forecast Double-Digit Upside

The TSX is drawing attention from both momentum and value-oriented investors as several gold and copper miners see analyst upgrades and double-digit rally forecasts.

Equinox Gold Corp stands out with a potential 39.9% upside this week, but the real story may be in the miners themselves, rather than individual companies.

According to the source, top picks by analyst conviction and upside include Equinox Gold Corp, which has seen its price target boost from RBC and is up 14% over the last year, as well as other TSX names such as IAMGOLD Corp and Kirkland Lake Gold Ltd, both of which are rated strong buys by analysts with double-digit upside.

High volume often signals institutional interest, so watch for follow-through after news spikes in these stocks. Tech pivots and M&A also merit attention, as they can drive outlier moves.