Brokers Offer Predictions for Equinox Gold FY2026 Earnings

Key Points

• Scotiabank has revised down its FY2026 earnings estimate for Equinox Gold to $0.79 per share, slightly lower than the previous forecast of $0.80, while the consensus estimate stands at $1.39.
• Equinox Gold shares experienced a 1.5% increase, opening at C$14.81, with a twelve-month high of C$15.40 and a low of C$6.93.
• Insider Blayne Barry Johnson sold 105,000 shares in a recent transaction, decreasing their holdings by 5.80%, leaving them with approximately C$25.45 million in company shares.

Equinox Gold Corp. (TSE:EQX - Free Report) - Equities researchers at Scotiabank decreased their FY2026 earnings estimates for Equinox Gold in a research report issued to clients and investors on Wednesday, September 24th. Scotiabank analyst O. Habib now forecasts that the company will post earnings of $0.79 per share for the year, down from their prior forecast of $0.80. The consensus estimate for Equinox Gold's current full-year earnings is $1.39 per share.

EQX has been the subject of a number of other research reports. Royal Bank Of Canada raised shares of Equinox Gold from a "hold" rating to a "moderate buy" rating in a research report on Wednesday, September 10th. Cormark raised Equinox Gold from a "hold" rating to a "moderate buy" rating in a report on Friday, August 15th. Finally, TD Securities upgraded Equinox Gold from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 16th. Two equities research analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Strong Buy".

Equinox Gold Stock Up 1.5%

Shares of Equinox Gold stock opened at C$14.81 on Friday. Equinox Gold has a twelve month low of C$6.93 and a twelve month high of C$15.40. The company has a quick ratio of 1.31, a current ratio of 0.85 and a debt-to-equity ratio of 45.65. The company's 50 day moving average is C$11.36 and its 200 day moving average is C$9.82. The company has a market cap of C$11.58 billion, a price-to-earnings ratio of -113.92 and a beta of 1.79.

Insider Activity

In other news, Director Blayne Barry Johnson sold 105,000 shares of the company's stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of C$14.91, for a total value of C$1,565,550.00. Following the completion of the sale, the director directly owned 1,706,616 shares in the company, valued at C$25,445,644.56. This represents a 5.80% decrease in their position. 6.40% of the stock is currently owned by insiders.

Equinox Gold Company Profile

Equinox Gold is a growth-focused gold producer operating entirely in the Americas, with projects in Canada, the USA, Mexico and Brazil. Equinox Gold has seven operating mines and a clear path to achieve more than one million ounces of annual gold production from a pipeline of development and expansion projects.

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