National Bank Financial Forecasts Equinox Gold Q2 Earnings

Equinox Gold Corp. (NYSEAMERICAN:EQX - Free Report) - Analysts at National Bank Financial issued their Q2 2025 earnings per share estimates for shares of Equinox Gold in a note issued to investors on Tuesday, July 15th. National Bank Financial analyst M. Sidibe anticipates that the company will post earnings per share of $0.07 for the quarter. The consensus estimate for Equinox Gold's current full-year earnings is $0.85 per share. National Bank Financial also issued estimates for Equinox Gold's FY2025 earnings at $0.62 EPS and FY2026 earnings at $1.28 EPS.

Several other equities research analysts also recently commented on the stock. TD Securities raised shares of Equinox Gold from a "hold" rating to a "buy" rating in a research note on Wednesday, July 16th. National Bankshares reaffirmed an "outperform" rating on shares of Equinox Gold in a report on Friday, June 13th. CIBC reiterated a "neutral" rating on shares of Equinox Gold in a research note on Tuesday, July 15th. Finally, BMO Capital Markets began coverage on shares of Equinox Gold in a report on Wednesday, June 18th. They set an "outperform" rating on the stock. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Equinox Gold currently has an average rating of "Moderate Buy" and a consensus price target of $35.00.

Equinox Gold Stock Performance

Shares of NYSEAMERICAN:EQX traded up $0.17 during trading hours on Friday, hitting $6.45. The stock had a trading volume of 15,076,002 shares, compared to its average volume of 8,264,779. Equinox Gold has a 1-year low of $4.48 and a 1-year high of $7.45. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.50 and a current ratio of 0.85. The firm has a market capitalization of $4.88 billion, a price-to-earnings ratio of 12.90 and a beta of 1.11. The stock's fifty day simple moving average is $6.31 and its 200 day simple moving average is $6.26.

Equinox Gold (NYSEAMERICAN:EQX - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported ($0.08) earnings per share for the quarter, missing analysts' consensus estimates of $0.11 by ($0.19). Equinox Gold had a return on equity of 2.20% and a net margin of 13.96%. The business had revenue of $423.72 million for the quarter, compared to analysts' expectations of $404.00 million. During the same period last year, the business earned ($0.13) earnings per share. The company's revenue for the quarter was up 75.6% on a year-over-year basis.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Tobam acquired a new stake in Equinox Gold in the 1st quarter valued at $29,000. Continuum Advisory LLC grew its position in shares of Equinox Gold by 53.3% in the 1st quarter. Continuum Advisory LLC now owns 7,540 shares of the company's stock valued at $52,000 after acquiring an additional 2,620 shares during the period. ORG Partners LLC grew its position in shares of Equinox Gold by 191.2% in the 2nd quarter. ORG Partners LLC now owns 7,570 shares of the company's stock valued at $43,000 after acquiring an additional 4,970 shares during the period. Parvin Asset Management LLC bought a new stake in shares of Equinox Gold during the 4th quarter worth about $38,000. Finally, BNP Paribas Financial Markets bought a new stake in shares of Equinox Gold during the 4th quarter worth about $47,000. Institutional investors and hedge funds own 38.85% of the company's stock.

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.