Equinox Gold FY2025 EPS Increased by National Bank Financial

Equinox Gold Corp. (NYSEAMERICAN:EQX) – Investment analysts at National Bank Financial raised their FY2025 EPS estimates for shares of Equinox Gold in a research report issued to clients and investors on Tuesday, November 12th. National Bank Financial analyst M. Parkin now forecasts that the company will earn $1.04 per share for the year, up from their prior forecast 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 Stock Performance

EQX opened at $5.12 on Thursday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.33 and a current ratio of 0.85. The company has a market capitalization of $2.33 billion, a P/E ratio of 10.57 and a beta of 1.31. Equinox Gold has a 1-year low of $3.95 and a 1-year high of $6.50.

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of EQX. Van ECK Associates Corp boosted its position in shares of Equinox Gold by 7.7% in the third quarter. Van ECK Associates Corp now owns 41,121,033 shares of the company’s stock worth $247,549,000 after acquiring an additional 2,954,174 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Equinox Gold by 13.1% in the 1st quarter. Russell Investments Group Ltd. now owns 2,955,057 shares of the company’s stock valued at $17,841,000 after purchasing an additional 341,632 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of Equinox Gold by 152.1% during the 2nd quarter. SG Americas Securities LLC now owns 354,702 shares of the company’s stock worth $1,855,000 after buying an additional 213,992 shares during the last quarter. Donald Smith & CO. Inc. increased its stake in Equinox Gold by 35.5% during the third quarter. Donald Smith & CO. Inc. now owns 18,050,439 shares of the company’s stock worth $109,927,000 after acquiring an additional 4,727,570 shares during the last quarter. Finally, Mackenzie Financial Corp grew its holdings in shares of Equinox Gold by 54.6% during the 2nd quarter. Mackenzie Financial Corp now owns 8,953,104 shares of the company’s stock worth $46,732,000 after purchasing an additional 3,162,992 shares during the period. 38.85% of the stock is currently owned by institutional investors and hedge funds.

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.