Equinox Gold Corp. (TSE:EQX – Free Report) – Research analysts at National Bank Financial cut their FY2026 earnings per share (EPS) estimates for shares of Equinox Gold in a research report issued on Tuesday, September 23rd. National Bank Financial analyst M. Sidibe now forecasts that the company will post earnings of $1.26 per share for the year, down from their previous forecast of $1.50. The consensus estimate for Equinox Gold’s current full-year earnings is $1.39 per share.
A number of other equities research analysts have also commented on EQX. Cormark upgraded shares of Equinox Gold from a “hold” rating to a “moderate buy” rating in a report on Friday, August 15th. TD Securities raised Equinox Gold from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 16th. Finally, Royal Bank Of Canada upgraded Equinox Gold from a “hold” rating to a “moderate buy” rating in a report on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to MarketBeat, Equinox Gold currently has an average rating of “Strong Buy”.
Equinox Gold Stock Performance
Shares of EQX opened at C$14.81 on Thursday. The firm has a market cap of C$11.58 billion, a P/E ratio of -113.92 and a beta of 1.79. Equinox Gold has a twelve month low of C$6.93 and a twelve month high of C$15.40. The company has a debt-to-equity ratio of 45.65, a quick ratio of 1.31 and a current ratio of 0.85. The firm’s 50 day moving average price is C$11.36 and its two-hundred day moving average price is C$9.82.
Insider Transactions at Equinox Gold
In other Equinox Gold news, Director Blayne Barry Johnson sold 105,000 shares of the business’s stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of C$14.91, for a total transaction of C$1,565,550.00. Following the sale, the director directly owned 1,706,616 shares of the company’s stock, valued at C$25,445,644.56. The trade was a 5.80% decrease in their position. Insiders own 6.40% of the company’s stock.
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.
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