FY2025 EPS Forecast for Equinox Gold Lifted by Analyst

Equinox Gold Corp. (NYSEAMERICAN:EQX) – National Bank Financial lifted their FY2025 EPS estimates for shares of Equinox Gold in a report issued on Tuesday, November 12th. National Bank Financial analyst M. Parkin now expects that the company will post earnings of $1.04 per share for the year, up from their prior estimate of $0.93. The consensus estimate for Equinox Gold’s current full-year earnings is $0.36 per share. National Bank Financial also issued estimates for Equinox Gold’s FY2026 earnings at $1.46 EPS.

Equinox Gold (NYSEAMERICAN:EQX) last announced its earnings results on Wednesday, November 6th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01). The business had revenue of $428.40 million for the quarter, compared to the consensus estimate of $437.84 million. Equinox Gold had a net margin of 19.83% and a return on equity of 0.69%. The business’s revenue was up 50.5% on a year-over-year basis.

Equinox Gold Stock Performance

Equinox Gold stock opened at $5.17 on Thursday. The company has a market capitalization of $2.35 billion, a P/E ratio of 10.67 and a beta of 1.31. Equinox Gold has a twelve month low of $3.95 and a twelve month high of $6.50. The company has a current ratio of 0.85, a quick ratio of 0.33 and a debt-to-equity ratio of 0.37.

Institutional Investors Weigh In On Equinox Gold

Several institutional investors have recently modified their holdings of the business. Kings Path Partners LLC purchased a new stake in Equinox Gold during the 2nd quarter valued at $27,000. Continuum Advisory LLC purchased a new stake in Equinox Gold during the second quarter valued at $29,000. Joel Isaacson & Co. LLC bought a new position in Equinox Gold in the third quarter valued at about $61,000. Veracity Capital LLC bought a new position in Equinox Gold in the third quarter valued at about $61,000. Finally, Evergreen Capital Management LLC grew its stake in shares of Equinox Gold by 30.2% during the 2nd quarter. Evergreen Capital Management LLC now owns 21,559 shares of the company’s stock valued at $113,000 after purchasing an additional 5,000 shares during the period. 38.85% of the stock is owned by hedge funds and other institutional investors.

Equinox Gold Company Profile

Equinox Gold Corp. engages in the exploration, acquisition, development, and operation of mineral properties in the Americas. It explores gold and silver deposits. It holds interest in properties in California located in the United States; Guerrero State located in Mexico; Maranhão, Bahia, and Mina Gerais state located in Brazil; and Ontario, Canada.