Equinox Gold Corp. (NYSEAMERICAN:EQX - Free Report) - Equities research analysts at National Bank Financial upped their FY2025 earnings per share estimates for Equinox Gold in a report issued on Tuesday, April 22nd. National Bank Financial analyst M. Sidibe now forecasts that the company will earn $1.22 per share for the year, up from their prior estimate of $0.95. National Bank Financial has a "Strong-Buy" rating on the stock. 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 FY2026 earnings at $1.64 EPS.
A number of other research analysts also recently issued reports on EQX. TD Securities upgraded Equinox Gold to a "hold" rating in a report on Tuesday, February 4th. TD Cowen started coverage on Equinox Gold in a research note on Tuesday, February 4th. They issued a "hold" rating and a $35.00 target price on the stock.
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Equinox Gold Trading Up 0.2 %
Shares of Equinox Gold stock traded up $0.01 during trading hours on Friday, hitting $6.63. The company's stock had a trading volume of 5,912,422 shares, compared to its average volume of 5,533,014. Equinox Gold has a 12 month low of $4.48 and a 12 month high of $7.45. The stock has a 50 day moving average of $6.68 and a 200 day moving average of $6.03. The company has a market capitalization of $3.02 billion, a PE ratio of 12.28 and a beta of 1.33. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.85 and a quick ratio of 0.33.
Hedge Funds Weigh In On Equinox Gold
Several institutional investors and hedge funds have recently modified their holdings of EQX. Donald Smith & CO. Inc. grew its stake in shares of Equinox Gold by 49.6% in the fourth quarter. Donald Smith & CO. Inc. now owns 26,999,983 shares of the company's stock valued at $135,540,000 after acquiring an additional 8,949,544 shares in the last quarter. Invesco Ltd. grew its stake in shares of Equinox Gold by 41.3% in the fourth quarter. Invesco Ltd. now owns 9,029,240 shares of the company's stock valued at $45,327,000 after acquiring an additional 2,640,109 shares in the last quarter. Phoenix Financial Ltd. bought a new stake in Equinox Gold during the fourth quarter worth about $11,044,000. Mackenzie Financial Corp lifted its position in Equinox Gold by 42.6% during the fourth quarter. Mackenzie Financial Corp now owns 7,008,149 shares of the company's stock worth $35,260,000 after purchasing an additional 2,093,437 shares during the period. Finally, Helikon Investments Ltd bought a new stake in Equinox Gold during the fourth quarter worth about $8,559,000. 38.85% of the stock is currently owned by institutional investors and hedge funds.
Equinox Gold Company Profile
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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.
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