Cormark Brokers Lower Earnings Estimates for Equinox Gold

Key Points

• Cormark Brokers have lowered their earnings estimates for Equinox Gold's Q3 2025 EPS from $0.18 to $0.15, while maintaining a "Moderate Buy" rating.
• Equinox Gold's stock has an average rating of "Strong Buy" from analysts, with a current price target of C$23.00.
• Insider trading activity includes Director Blayne Barry Johnson selling 105,000 shares and another insider acquiring 9,100 shares of the company.

Equinox Gold Corp. (TSE:EQX - Free Report) - Equities researchers at Cormark decreased their Q3 2025 EPS estimates for shares of Equinox Gold in a research report issued to clients and investors on Tuesday, October 14th. Cormark analyst R. Gray now anticipates that the company will post earnings of $0.15 per share for the quarter, down from their previous estimate of $0.18. Cormark currently has a "Moderate Buy" rating on the stock. The consensus estimate for Equinox Gold's current full-year earnings is $1.39 per share. Cormark also issued estimates for Equinox Gold's Q4 2025 earnings at $0.06 EPS, FY2026 earnings at $0.30 EPS and FY2027 earnings at $0.79 EPS.

Several other equities research analysts have also commented on the stock. National Bankshares boosted their price target on shares of Equinox Gold from C$19.00 to C$23.00 and gave the company an "outperform" rating in a report on Wednesday. Cibc World Mkts upgraded shares of Equinox Gold from a "hold" rating to a "strong-buy" rating in a research note on Thursday, October 9th. TD Securities upgraded shares of Equinox Gold from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 16th. Finally, Royal Bank Of Canada upgraded shares of Equinox Gold from a "hold" rating to a "moderate buy" rating in a research note on Wednesday, September 10th. Three investment analysts have rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Strong Buy" and an average price target of C$23.00.

Equinox Gold Trading Up 6.4%

TSE:EQX opened at C$17.74 on Thursday. Equinox Gold has a one year low of C$6.93 and a one year high of C$17.87. The company has a debt-to-equity ratio of 45.65, a quick ratio of 1.31 and a current ratio of 0.85. The firm has a market cap of C$13.87 billion, a P/E ratio of -136.46 and a beta of 2.18. The firm has a 50-day simple moving average of C$13.40 and a 200-day simple moving average of C$10.41.

Insider Buying and Selling

In other news, Director Blayne Barry Johnson sold 105,000 shares of Equinox Gold stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of C$14.91, for a total transaction 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 approximately C$25,445,644.56. The trade was a 5.80% decrease in their ownership of the stock. Also, insider David Chester Schummer acquired 9,100 shares of the stock in a transaction dated Thursday, September 11th. The shares were bought at an average price of C$15.20 per share, with a total value of C$138,320.00. Following the completion of the purchase, the insider directly owned 168,222 shares of the company's stock, valued at approximately C$2,556,974.40. This trade represents a 5.72% increase in their position. Corporate insiders own 6.40% of the company's stock.

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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