FY2025 EPS Estimates for Equinox Gold Decreased by Analyst

Equinox Gold Corp. (NYSEAMERICAN:EQX) – Equities research analysts at National Bank Financial cut their FY2025 earnings estimates for Equinox Gold in a note issued to investors on Monday, February 10th. National Bank Financial analyst M. Parkin now anticipates that the company will post earnings of $0.95 per share for the year, down from their prior forecast of $1.04. The consensus estimate for Equinox Gold’s current full-year earnings is $0.36 per share.

A number of other equities analysts also recently commented on EQX. TD Securities upgraded shares of Equinox Gold to a “hold” rating in a research note on Tuesday, February 4th. TD Cowen started coverage on Equinox Gold in a research report on Tuesday, February 4th. They set a “hold” rating and a $35.00 price objective for the company.

Equinox Gold Price Performance

Shares of NYSEAMERICAN:EQX opened at $7.00 on Thursday. Equinox Gold has a 52 week low of $3.95 and a 52 week high of $7.03. The company has a market capitalization of $3.19 billion, a price-to-earnings ratio of 14.29 and a beta of 1.33. 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

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Hobbs Group Advisors LLC purchased a new position in shares of Equinox Gold during the third quarter worth about $43,000. Generali Investments CEE investicni spolecnost a.s. purchased a new stake in shares of Equinox Gold in the 4th quarter valued at about $50,000. Kiker Wealth Management LLC acquired a new stake in shares of Equinox Gold in the 4th quarter valued at about $58,000. Joel Isaacson & Co. LLC purchased a new position in Equinox Gold during the 3rd quarter worth approximately $61,000. Finally, Veracity Capital LLC acquired a new position in Equinox Gold during the third quarter worth approximately $61,000. 38.85% of the stock is owned by hedge funds and other institutional investors.

About Equinox Gold

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.