FY2027 EPS Estimates for Equinox Gold Decreased by Analyst

Equinox Gold Corp. (TSE:EQX) – Investment analysts at Scotiabank cut their FY2027 EPS estimates for Equinox Gold in a report issued on Thursday, February 19th. Scotiabank analyst O. Habib now forecasts that the company will post earnings per share of $1.63 for the year, down from their prior estimate of $1.67. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Equinox Gold’s current full-year earnings is $1.39 per share.

Equinox Gold (TSE:EQX) last announced 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 return on equity of 8.67% and a net margin of 19.82%.

Several other equities analysts have also commented on EQX. Royal Bank Of Canada raised their price target on Equinox Gold from C$19.00 to C$25.00 in a research note on Wednesday, December 10th. Cormark cut their target price on shares of Equinox Gold from C$22.50 to C$21.00 in a research report on Tuesday, December 16th. National Bank Financial boosted their price target 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. BMO Capital Markets increased their price objective on shares of Equinox Gold from C$18.00 to C$20.00 in a research note on Thursday, November 6th. Finally, Canadian Imperial Bank of Commerce raised shares of Equinox Gold from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from C$26.50 to C$32.00 in a report on Tuesday. Six investment analysts have rated the stock with a Buy rating, According to MarketBeat, Equinox Gold has an average rating of “Buy” and a consensus price target of C$25.86.

Equinox Gold Trading Up 3.8%

Shares of TSE EQX opened at C$25.42 on Monday. Equinox Gold has a twelve month low of C$7.71 and a twelve month high of C$25.87. The firm has a market cap of C$19.95 billion, a PE ratio of 254.20 and a beta of 2.32. The business has a fifty day simple moving average of C$20.76 and a two-hundred day simple moving average of C$17.33. The company has a quick ratio of 1.31, a current ratio of 0.85 and a debt-to-equity ratio of 45.65.

About Equinox Gold

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.