National Bank Financial Predicts Equinox Gold Q1 Earnings

Equinox Gold Corp. (NYSEAMERICAN:EQX - Free Report) - Analysts at National Bank Financial issued their Q1 2025 earnings per share (EPS) estimates for Equinox Gold in a research report issued to clients and investors on Tuesday, April 22nd. National Bank Financial analyst M. Sidibe forecasts that the company will post earnings per share of $0.14 for the quarter. 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.

EQX has been the subject of a number of other research reports. TD Securities upgraded shares of Equinox Gold to a "hold" rating in a research note on Tuesday, February 4th. TD Cowen assumed coverage on shares of Equinox Gold in a research report on Tuesday, February 4th. They issued a "hold" rating and a $35.00 price objective on the stock.

Equinox Gold Stock Down 0.7 %

Shares of NYSEAMERICAN:EQX traded down $0.04 during midday trading on Thursday, reaching $6.63. The company had a trading volume of 4,328,519 shares, compared to its average volume of 5,521,337. The stock's fifty day moving average price is $6.68 and its 200-day moving average price is $6.03. The stock has a market capitalization of $3.02 billion, a P/E ratio of 12.29 and a beta of 1.33. Equinox Gold has a one year low of $4.48 and a one year high of $7.45. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.85 and a quick ratio of 0.33.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Veracity Capital LLC boosted its stake in Equinox Gold by 14.2% during the first quarter. Veracity Capital LLC now owns 12,589 shares of the company's stock worth $87,000 after buying an additional 1,564 shares in the last quarter. Pictet Asset Management Holding SA boosted its position in shares of Equinox Gold by 3.3% during the 4th quarter. Pictet Asset Management Holding SA now owns 61,193 shares of the company's stock valued at $308,000 after acquiring an additional 1,956 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in Equinox Gold by 2.4% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 86,161 shares of the company's stock valued at $592,000 after acquiring an additional 1,990 shares during the period. Continuum Advisory LLC raised its position in Equinox Gold by 53.3% in the first quarter. Continuum Advisory LLC now owns 7,540 shares of the company's stock worth $52,000 after purchasing an additional 2,620 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in Equinox Gold by 16.3% during the fourth quarter. Wells Fargo & Company MN now owns 20,358 shares of the company's stock valued at $102,000 after purchasing an additional 2,855 shares in the last quarter. 38.85% of the stock is currently owned by institutional investors and hedge funds.

About Equinox Gold

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.