FY2027 EPS Estimates for Equinox Gold Reduced by Scotiabank

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

EQX has been the subject of several other reports. TD Securities upped their target price on shares of Equinox Gold from C$21.00 to C$26.00 in a research report on Thursday, January 22nd. National Bank Financial lifted their price target on Equinox Gold from C$25.00 to C$26.00 and gave the stock an “outperform” rating in a research note on Friday. BMO Capital Markets upped their price objective on Equinox Gold from C$18.00 to C$20.00 in a report on Thursday, November 6th. Royal Bank Of Canada raised their price objective on Equinox Gold from C$19.00 to C$25.00 in a report on Wednesday, December 10th. Finally, Cormark dropped their target price on Equinox Gold from C$22.50 to C$21.00 in a research report on Tuesday, December 16th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$25.07.

Equinox Gold Trading Down 0.9%

Shares of Equinox Gold stock opened at C$23.04 on Monday. The company has a debt-to-equity ratio of 45.65, a current ratio of 0.85 and a quick ratio of 1.31. Equinox Gold has a 1 year low of C$7.71 and a 1 year high of C$24.17. The firm has a market cap of C$18.08 billion, a PE ratio of 230.40 and a beta of 2.32. The company has a 50 day simple moving average of C$20.53 and a two-hundred day simple moving average of C$17.10.

Equinox Gold (TSE:EQX) last released its quarterly earnings results on Wednesday, February 18th. The company reported C$0.48 earnings per share for the quarter. Equinox Gold had a return on equity of 8.67% and a net margin of 19.82%.

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.