FY2027 EPS Estimates for Equinox Gold Boosted by Analyst

Key Points

• Scotiabank raised its FY2027 EPS estimate for Equinox Gold to $1.92 (from $1.78), well above the consensus full-year estimate of $1.39 per share.
• Analyst sentiment is broadly positive—six analysts rate the stock a Buy and the average price target sits at C$25.86 after several firms recently raised targets and ratings.
• Shares opened at C$20.86 with a market cap of C$16.46B and a PE of 59.6; Equinox reported C$0.48 EPS for the quarter and pays a small quarterly dividend (annualized yield ~0.3%).

Equinox Gold Corp. (TSE:EQX - Free Report) - Scotiabank upped their FY2027 EPS estimates for Equinox Gold in a note issued to investors on Friday, April 10th. Scotiabank analyst O. Habib now anticipates that the company will post earnings of $1.92 per share for the year, up from their previous estimate of $1.78. The consensus estimate for Equinox Gold's current full-year earnings is $1.39 per share.

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

EQX has been the topic of a number of other reports. Cormark dropped their price objective on shares of Equinox Gold from C$22.50 to C$21.00 in a report on Tuesday, December 16th. Stifel Nicolaus boosted their price objective on shares of Equinox Gold from C$25.00 to C$31.00 in a report on Tuesday, February 10th. TD Securities boosted their price objective on shares of Equinox Gold from C$21.00 to C$26.00 in a report on Thursday, January 22nd. Canadian Imperial Bank of Commerce raised shares of Equinox Gold from a "hold" rating to an "outperform" rating and boosted their price objective for the company from C$26.50 to C$32.00 in a report on Tuesday, February 24th. Finally, National Bank Financial boosted their price objective on shares of Equinox Gold from C$25.00 to C$26.00 and gave the company an "outperform" rating in a report on Friday, February 20th. Six research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of C$25.86.

Equinox Gold Price Performance

Shares of EQX opened at C$20.86 on Monday. The firm has a market capitalization of C$16.46 billion, a PE ratio of 59.60 and a beta of 2.75. The company has a debt-to-equity ratio of 32.94, a current ratio of 1.56 and a quick ratio of 1.31. Equinox Gold has a 1-year low of C$7.71 and a 1-year high of C$25.87. The company's fifty day moving average price is C$20.99 and its 200-day moving average price is C$19.22.

Equinox Gold Announces Dividend

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