FY2026 EPS Estimates for Equinox Gold Cut by Scotiabank

Key Points

• Scotiabank cut its FY2026 EPS estimate for Equinox Gold to $1.48 from $1.63 and now forecasts FY2027 EPS of $1.83, versus a consensus full-year estimate of $1.39.
• Multiple brokers (TD, Stifel, National Bank, CIBC) have raised price targets recently, and the stock holds an average analyst rating of Buy with a consensus target of C$25.86.
• Equinox Gold was trading around C$19.52 with a market cap of C$15.4 billion, a P/E of 55.77, and a small annualized dividend yield of 0.3%.

Equinox Gold Corp. (TSE:EQX - Free Report) - Equities researchers at Scotiabank dropped their FY2026 earnings per share (EPS) estimates for Equinox Gold in a research report issued to clients and investors on Thursday, April 23rd. Scotiabank analyst O. Habib now anticipates that the company will post earnings of $1.48 per share for the year, down from their prior forecast of $1.63. The consensus estimate for Equinox Gold's current full-year earnings is $1.39 per share. Scotiabank also issued estimates for Equinox Gold's FY2027 earnings at $1.83 EPS.

Several other research firms have also recently issued reports on EQX. TD Securities raised their target price on shares of Equinox Gold from C$21.00 to C$26.00 in a research report on Thursday, January 22nd. Stifel Nicolaus upped their price target on shares of Equinox Gold from C$25.00 to C$31.00 in a research report on Tuesday, February 10th. National Bank Financial increased their price target on shares of Equinox Gold from C$25.00 to C$26.00 and gave the stock an "outperform" rating in a research note on Friday, February 20th. Finally, Canadian Imperial Bank of Commerce upgraded shares of Equinox Gold from a "hold" rating to an "outperform" rating and lifted their price target for the company from C$26.50 to C$32.00 in a report on Tuesday, February 24th. Six research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Equinox Gold has an average rating of "Buy" and a consensus target price of C$25.86.

Equinox Gold Trading Down 0.2%

TSE EQX opened at C$19.52 on Tuesday. Equinox Gold has a 12 month low of C$7.71 and a 12 month high of C$25.87. The company has a 50-day moving average of C$20.89 and a 200-day moving average of C$19.59. The company has a debt-to-equity ratio of 32.94, a current ratio of 1.56 and a quick ratio of 1.31. The company has a market cap of C$15.40 billion, a P/E ratio of 55.77 and a beta of 2.75.

Equinox Gold (TSE:EQX - Get Free Report) last released its earnings results on Wednesday, February 18th. The company reported C$0.48 earnings per share for the quarter. Equinox Gold had a return on equity of 4.68% and a net margin of 9.71%.

Equinox Gold Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 26th were paid a dividend of $0.015 per share. This represents a $0.06 annualized dividend and a yield of 0.3%. The ex-dividend date was Thursday, March 12th.

Equinox Gold Company Profile

Equinox Gold Corp is a Canadian-based gold mining company engaged in the exploration, development and production of gold assets across the Americas. The company focuses on operating and advancing assets that can deliver sustainable gold production through modern mining methods and responsible environmental practices.

Equinox Gold’s operating portfolio includes the Los Filos mine in Mexico, the Mesquite and Castle Mountain mines in California, and the Aurizona mine in Brazil. These assets employ a combination of heap‐leach and carbon‐in‐leach processing techniques to produce gold doré, while ongoing exploration programs seek to expand mineral reserves and extend mine life at each site.

Since its formation, Equinox Gold has grown through strategic acquisitions and organic project development, building a pipeline of development‐stage and advanced exploration properties across North and South America.

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