National Bank Financial Predicts Equinox Gold FY2027 Earnings

Equinox Gold Corp. (NYSEAMERICAN:EQX) – Investment analysts at National Bank Financial issued their FY2027 EPS estimates for shares of Equinox Gold in a research report issued to clients and investors on Tuesday, February 25th. National Bank Financial analyst M. Parkin anticipates that the company will post earnings of $1.17 per share for the year. The consensus estimate for Equinox Gold’s current full-year earnings is $0.85 per share.

A number of other brokerages also recently issued reports on EQX. TD Cowen assumed coverage on shares of Equinox Gold in a research report on Tuesday, February 4th. They issued a “hold” rating and a $35.00 price objective on the stock. TD Securities raised shares of Equinox Gold to a “hold” rating in a research report on Tuesday, February 4th.

Equinox Gold Stock Down 1.4 %

Shares of Equinox Gold stock opened at $6.39 on Thursday. The company has a current ratio of 0.85, a quick ratio of 0.33 and a debt-to-equity ratio of 0.37. Equinox Gold has a 52-week low of $3.95 and a 52-week high of $7.22. The company has a market capitalization of $2.91 billion, a PE ratio of 11.83 and a beta of 1.33.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Mackenzie Financial Corp boosted its holdings in shares of Equinox Gold by 42.6% in the 4th quarter. Mackenzie Financial Corp now owns 7,008,149 shares of the company’s stock valued at $35,260,000 after acquiring an additional 2,093,437 shares during the last quarter. Public Employees Retirement System of Ohio boosted its holdings in shares of Equinox Gold by 2.9% in the 4th quarter. Public Employees Retirement System of Ohio now owns 137,268 shares of the company’s stock valued at $691,000 after acquiring an additional 3,826 shares during the last quarter. Pacific Point Advisors LLC purchased a new stake in shares of Equinox Gold in the 4th quarter valued at $93,000. Focus Partners Advisor Solutions LLC purchased a new stake in shares of Equinox Gold in the 4th quarter valued at $301,000. Finally, Toronto Dominion Bank boosted its holdings in shares of Equinox Gold by 118.0% in the 4th quarter. Toronto Dominion Bank now owns 287,816 shares of the company’s stock valued at $1,447,000 after acquiring an additional 155,815 shares during the last quarter. Institutional investors and hedge funds own 38.85% of the company’s stock.

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.