Equinox Gold Corp. (TSE:EQX - Free Report) - Research analysts at Cormark reduced their Q1 2024 EPS estimates for Equinox Gold in a research note issued to investors on Monday, April 22nd. Cormark analyst R. Gray now expects that the company will post earnings of ($0.04) per share for the quarter, down from their prior estimate of $0.01. The consensus estimate for Equinox Gold's current full-year earnings is $0.20 per share.
Equinox Gold (TSE:EQX - Get Free Report) last announced its earnings results on Wednesday, February 21st. The company reported C$0.01 EPS for the quarter, topping the consensus estimate of C($0.04) by C$0.05. Equinox Gold had a net margin of 2.65% and a return on equity of 1.21%. The firm had revenue of C$405.46 million for the quarter.
EQX has been the topic of a number of other research reports. Desjardins raised Equinox Gold from a "hold" rating to a "buy" rating in a report on Tuesday, January 30th. National Bank Financial reissued a "sector perform spec overwgt" rating on shares of Equinox Gold in a research report on Monday, April 8th.
View Our Latest Stock Report on Equinox Gold
Equinox Gold Stock Performance
Shares of TSE:EQX traded down C$0.61 during midday trading on Wednesday, hitting C$7.21. The company's stock had a trading volume of 2,401,878 shares, compared to its average volume of 551,197. Equinox Gold has a fifty-two week low of C$5.36 and a fifty-two week high of C$8.79. The company has a debt-to-equity ratio of 41.06, a quick ratio of 1.31 and a current ratio of 1.74. The stock has a market capitalization of C$2.33 billion, a price-to-earnings ratio of 60.00 and a beta of 0.93. The stock's 50 day simple moving average is C$7.11 and its 200 day simple moving average is C$6.62.
About Equinox Gold
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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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