FY2025 EPS Estimates for Equinox Gold Lifted by Analyst

Equinox Gold Corp. (NYSEAMERICAN:EQX) – Equities research analysts at National Bank Financial increased their FY2025 EPS estimates for shares of Equinox Gold in a report released on Tuesday, November 12th. National Bank Financial analyst M. Parkin now forecasts that the company will post earnings of $1.04 per share for the year, up from their previous estimate of $0.93. The consensus estimate for Equinox Gold’s current full-year earnings is $0.36 per share. National Bank Financial also issued estimates for Equinox Gold’s FY2026 earnings at $1.46 EPS.

Equinox Gold (NYSEAMERICAN:EQX) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.01). Equinox Gold had a return on equity of 0.69% and a net margin of 19.83%. The company had revenue of $428.40 million for the quarter, compared to analysts’ expectations of $437.84 million. The business’s revenue for the quarter was up 50.5% on a year-over-year basis.

Equinox Gold Stock Down 1.2 %

Shares of NYSEAMERICAN EQX opened at $5.12 on Thursday. Equinox Gold has a 1 year low of $3.95 and a 1 year high of $6.50. The stock has a market cap of $2.33 billion, a price-to-earnings ratio of 10.57 and a beta of 1.31. The company has a quick ratio of 0.33, a current ratio of 0.85 and a debt-to-equity ratio of 0.37.

Institutional Investors Weigh In On Equinox Gold

Large investors have recently modified their holdings of the company. SG Americas Securities LLC raised its stake in Equinox Gold by 1.9% during the 1st quarter. SG Americas Securities LLC now owns 140,710 shares of the company’s stock valued at $847,000 after acquiring an additional 2,566 shares during the last quarter. Russell Investments Group Ltd. raised its stake in shares of Equinox Gold by 13.1% during the first quarter. Russell Investments Group Ltd. now owns 2,955,057 shares of the company’s stock worth $17,841,000 after purchasing an additional 341,632 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Equinox Gold by 9.9% during the first quarter. Vanguard Group Inc. now owns 10,519,078 shares of the company’s stock worth $63,325,000 after purchasing an additional 943,855 shares during the period. Donald Smith & CO. Inc. grew its position in Equinox Gold by 9.6% in the 1st quarter. Donald Smith & CO. Inc. now owns 10,449,810 shares of the company’s stock valued at $62,908,000 after buying an additional 919,499 shares during the last quarter. Finally, Shell Asset Management Co. increased its stake in Equinox Gold by 92.4% in the 1st quarter. Shell Asset Management Co. now owns 1,118,137 shares of the company’s stock valued at $6,751,000 after buying an additional 536,905 shares during the period. 38.85% of the stock is owned by institutional investors and hedge funds.

About Equinox Gold

Equinox Gold Corp. engages in the exploration, acquisition, development, and operation of mineral properties in the Americas. It explores gold and silver deposits. It holds interest in properties in California located in the United States; Guerrero State located in Mexico; Maranhão, Bahia, and Mina Gerais state located in Brazil; and Ontario, Canada.