The Globe and Mail reports in its Wednesday edition that after a "strong" start to 2023, analysts at Canaccord Genuity continue to be bullish on gold and gold equities "with the Fed tightening cycle nearing its end and inflation rates falling." The Globe's David Leeder writes that analysts at Canaccord rate SSR Mining "buy." Their share target moved up to $26 from $25.50. Analysts on average target the shares at $20.90. The analysts say in a note: "SSRM is our top defensive pick in the mid-cap precious metals producer space. We continue to like SSRM for its scale, exposure to both gold and silver, emerging value at each of the assets, strong balance sheet and capital return program, and capable management team. Looking out into the rest of 2023, we see ongoing operating improvements at all the assets, resulting in solid cash flow generation (particularly in H2), along with exploration programs that should continue to surface value through the drill bit. We also believe that the company's strong balance sheet, reasonable cost structure, lack of major capital programs, FCF yield, and lower relative valuation positions SSRM as a defensive play in the event of a meaningful downturn in precious metal pricing."