FY2026 EPS Estimates for Equinox Gold Reduced by Scotiabank

Equinox Gold Corp. (NYSEAMERICAN:EQX) – Investment analysts at Scotiabank cut their FY2026 earnings per share estimates for shares of Equinox Gold in a research note issued on Thursday, February 19th. Scotiabank analyst O. Habib now anticipates that the company will post earnings of $1.28 per share for the year, down from their prior estimate of $1.29. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Equinox Gold’s current full-year earnings is $0.85 per share. Scotiabank also issued estimates for Equinox Gold’s FY2027 earnings at $1.19 EPS.

A number of other research firms have also recently commented on EQX. Canadian Imperial Bank of Commerce cut shares of Equinox Gold from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. Zacks Research upgraded shares of Equinox Gold from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 10th. BMO Capital Markets reissued an “outperform” rating on shares of Equinox Gold in a research report on Tuesday, January 27th. Finally, Stifel Nicolaus initiated coverage on Equinox Gold in a research note on Tuesday, December 2nd. They set a “buy” rating for the company. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $17.00.

Equinox Gold Price Performance

EQX opened at $17.85 on Monday. The company has a quick ratio of 1.27, a current ratio of 1.56 and a debt-to-equity ratio of 0.24. Equinox Gold has a 52-week low of $5.59 and a 52-week high of $18.19. The company has a 50 day moving average of $15.02 and a two-hundred day moving average of $12.43. The company has a market cap of $14.02 billion, a P/E ratio of 74.38 and a beta of 1.24.

Hedge Funds Weigh In On Equinox Gold

Several large investors have recently modified their holdings of the stock. American Capital Advisory LLC bought a new stake in Equinox Gold in the second quarter valued at about $25,000. Mcguire Capital Advisors Inc. acquired a new position in shares of Equinox Gold in the 4th quarter worth approximately $25,000. SBI Securities Co. Ltd. increased its holdings in shares of Equinox Gold by 2,054.6% in the 2nd quarter. SBI Securities Co. Ltd. now owns 4,697 shares of the company’s stock valued at $27,000 after acquiring an additional 4,479 shares during the last quarter. Aventura Private Wealth LLC acquired a new stake in shares of Equinox Gold during the 4th quarter valued at approximately $28,000. Finally, Lodestone Wealth Management LLC acquired a new stake in shares of Equinox Gold during the 4th quarter valued at approximately $28,000. Institutional investors own 38.85% of the company’s stock.

Equinox Gold Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be given a $0.015 dividend. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $0.06 annualized dividend and a dividend yield of 0.3%.

Equinox Gold Company Profile

Equinox Gold Corp is a Canadian gold mining company headquartered in Vancouver, British Columbia. The company focuses on the acquisition, development, and operation of gold properties, with an emphasis on open-pit heap leach mining. Since its inception, Equinox Gold has pursued a strategy of combining assets in established jurisdictions to build a diversified portfolio that balances production and growth, while maintaining rigorous safety and environmental standards.

Equinox Gold’s operating portfolio spans three countries.