Analysts Issue Forecasts for Equinox Gold FY2025 Earnings

Equinox Gold Corp. (TSE:EQX) – National Bank Financial raised their FY2025 earnings per share estimates for shares of Equinox Gold in a note issued to investors on Thursday, August 14th. National Bank Financial analyst M. Sidibe now forecasts that the company will earn $0.86 per share for the year, up from their previous estimate of $0.85. The consensus estimate for Equinox Gold’s current full-year earnings is $1.39 per share.

Several other equities research analysts have also issued reports on EQX. Cormark upgraded shares of Equinox Gold from a “hold” rating to a “moderate buy” rating in a report on Friday. TD Securities raised shares of Equinox Gold from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 16th.

Equinox Gold Stock Up 2.0%

TSE EQX opened at C$11.02 on Monday. The company has a quick ratio of 1.31, a current ratio of 0.85 and a debt-to-equity ratio of 45.65. Equinox Gold has a 52 week low of C$6.93 and a 52 week high of C$11.27. The firm has a market capitalization of C$3.55 billion, a price-to-earnings ratio of 11.68 and a beta of 1.16. The company has a fifty day moving average of C$8.65 and a two-hundred day moving average of C$9.10.

About Equinox Gold

Equinox Gold is a growth-focused gold producer operating entirely in the Americas, with projects in Canada, the USA, Mexico and Brazil. Equinox Gold has seven operating mines and a clear path to achieve more than one million ounces of annual gold production from a pipeline of development and expansion projects.