FY2026 EPS Estimate for Equinox Gold Decreased by Analyst

Equinox Gold Corp. (NYSEAMERICAN:EQX) – Scotiabank lowered their FY2026 earnings per share (EPS) estimates for shares of Equinox Gold in a research report issued on Thursday, February 19th. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $1.28 for the year, down from their previous forecast of $1.29. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Equinox Gold’s current full-year earnings is $0.85 per share. Scotiabank also issued estimates for Equinox Gold’s FY2027 earnings at $1.19 EPS.

A number of other equities analysts have also recently issued reports on the stock. Stifel Nicolaus started coverage on shares of Equinox Gold in a research report on Tuesday, December 2nd. They set a “buy” rating for the company. Zacks Research upgraded Equinox Gold from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 10th. BMO Capital Markets reiterated an “outperform” rating on shares of Equinox Gold in a report on Tuesday, January 27th. Finally, Canadian Imperial Bank of Commerce downgraded Equinox Gold from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $17.00.

Equinox Gold Trading Down 1.0%

NYSEAMERICAN:EQX opened at $16.81 on Monday. Equinox Gold has a 52-week low of $5.59 and a 52-week high of $17.65. The company has a quick ratio of 1.27, a current ratio of 1.56 and a debt-to-equity ratio of 0.24. The stock has a fifty day simple moving average of $14.94 and a 200-day simple moving average of $12.35. The company has a market capitalization of $13.21 billion, a PE ratio of 70.04 and a beta of 1.24.

Equinox Gold Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be paid a dividend of $0.015 per share. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, March 12th.

Hedge Funds Weigh In On Equinox Gold

Institutional investors have recently added to or reduced their stakes in the business. American Capital Advisory LLC acquired a new stake in Equinox Gold in the 2nd quarter worth about $25,000. Mcguire Capital Advisors Inc. purchased a new position in shares of Equinox Gold during the 4th quarter worth about $25,000. SBI Securities Co. Ltd. boosted its position in shares of Equinox Gold by 2,054.6% in the second quarter. SBI Securities Co. Ltd. now owns 4,697 shares of the company’s stock worth $27,000 after acquiring an additional 4,479 shares during the last quarter. Aventura Private Wealth LLC purchased a new stake in Equinox Gold in the fourth quarter valued at approximately $28,000. Finally, Lodestone Wealth Management LLC acquired a new position in Equinox Gold during the fourth quarter worth approximately $28,000. 38.85% of the stock is currently owned by institutional investors and hedge funds.

Equinox Gold Company Profile

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.