Cormark Analysts Reduce Earnings Estimates for Equinox Gold

Key Points

• Cormark has lowered its Q3 2025 earnings estimate for Equinox Gold to $0.16 per share, down from a previous forecast of $0.27.
• Equinox Gold's current full-year earnings consensus estimate is at $1.39 per share, with further projections for FY2025 at $0.33 EPS.
• Despite the negative forecast, TD Securities upgraded Equinox Gold from a "hold" rating to a "strong-buy" rating earlier this month.

Equinox Gold Corp. (TSE:EQX - Free Report) - Stock analysts at Cormark reduced their Q3 2025 earnings estimates for Equinox Gold in a research report issued on Monday, July 28th. Cormark analyst R. Gray now forecasts that the company will post earnings per share of $0.16 for the quarter, down from their previous forecast of $0.27. 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 $0.19 EPS, FY2025 earnings at $0.33 EPS, FY2026 earnings at $0.95 EPS and FY2027 earnings at $1.03 EPS.

Separately, TD Securities raised shares of Equinox Gold from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 16th.

Equinox Gold Stock Down 1.1%

EQX traded down C$0.09 on Thursday, hitting C$8.35. The company had a trading volume of 1,530,864 shares, compared to its average volume of 1,754,235. The company has a debt-to-equity ratio of 45.65, a current ratio of 0.85 and a quick ratio of 1.31. Equinox Gold has a 52-week low of C$6.18 and a 52-week high of C$10.35. The stock has a fifty day simple moving average of C$8.65 and a 200-day simple moving average of C$9.03. The firm has a market capitalization of C$2.69 billion, a P/E ratio of 8.85 and a beta of 1.16.

About Equinox Gold

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.