
Equinox Gold Corp. (NYSEAMERICAN:EQX – Free Report) – Scotiabank upped their FY2026 earnings estimates for shares of Equinox Gold in a research note issued on Friday, April 10th. Scotiabank analyst O. Habib now anticipates that the company will earn $1.18 per share for the year, up from their prior forecast of $1.15. 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.
A number of other analysts also recently issued reports on EQX. BMO Capital Markets reissued an “outperform” rating on shares of Equinox Gold in a research report on Tuesday, January 27th. Zacks Research raised shares of Equinox Gold from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 24th. Finally, Canadian Imperial Bank of Commerce raised shares of Equinox Gold from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 23rd. Three research analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. According to MarketBeat, Equinox Gold has a consensus rating of “Buy” and an average price target of $17.00.
Equinox Gold Trading Up 3.8%
NYSEAMERICAN EQX opened at $15.64 on Tuesday. Equinox Gold has a 12 month low of $5.61 and a 12 month high of $18.96. The company has a 50-day moving average of $15.33 and a 200-day moving average of $13.97. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.56 and a quick ratio of 1.27. The company has a market cap of $12.34 billion, a P/E ratio of 65.17 and a beta of 1.33.
Institutional Trading of Equinox Gold
Several large investors have recently bought and sold shares of the company. Purpose Unlimited Inc. acquired a new stake in Equinox Gold in the fourth quarter valued at approximately $42,000. Rockefeller Capital Management L.P. grew its position in Equinox Gold by 1.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 107,101 shares of the company’s stock valued at $1,504,000 after acquiring an additional 1,251 shares in the last quarter. Rehmann Capital Advisory Group acquired a new stake in Equinox Gold in the fourth quarter valued at approximately $246,000. Caitong International Asset Management Co. Ltd acquired a new stake in Equinox Gold in the fourth quarter valued at approximately $173,000. Finally, Virtu Financial LLC acquired a new stake in Equinox Gold in the fourth quarter valued at approximately $192,000. Institutional investors and hedge funds own 38.85% of the company’s stock.
Equinox Gold Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were given a $0.015 dividend. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $0.06 annualized dividend and a yield of 0.4%. Equinox Gold’s dividend payout ratio (DPR) is 11.11%.
About Equinox Gold
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.
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