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Cormark Has Optimistic Outlook of Equinox Gold Q2 Earnings

Equinox Gold logo with Basic Materials background

Equinox Gold Corp. (TSE:EQX - Free Report) - Investment analysts at Cormark increased their Q2 2025 earnings estimates for shares of Equinox Gold in a research note issued to investors on Wednesday, July 9th. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.31 for the quarter, up from their previous forecast of $0.22. The consensus estimate for Equinox Gold's current full-year earnings is $1.39 per share. Cormark also issued estimates for Equinox Gold's FY2025 earnings at $0.98 EPS.

Separately, National Bank Financial upgraded shares of Equinox Gold to a "strong-buy" rating in a research note on Friday, March 21st.

Get Our Latest Stock Analysis on Equinox Gold

Equinox Gold Stock Performance

Shares of EQX stock traded up C$0.16 during trading hours on Friday, hitting C$8.52. 1,776,644 shares of the company were exchanged, compared to its average volume of 1,718,009. The firm has a fifty day simple moving average of C$8.72 and a 200 day simple moving average of C$8.94. The company has a current ratio of 0.85, a quick ratio of 1.31 and a debt-to-equity ratio of 45.65. Equinox Gold has a 52-week low of C$6.18 and a 52-week high of C$10.35. The stock has a market capitalization of C$2.74 billion, a price-to-earnings ratio of 9.03 and a beta of 1.16.

Equinox Gold Company Profile

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Equinox Gold (TSE:EQX)

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