Cormark Weighs in on Equinox Gold’s Q4 Earnings (TSE:EQX)

Equinox Gold Corp. (TSE:EQX) – Stock analysts at Cormark cut their Q4 2024 EPS estimates for shares of Equinox Gold in a research note issued to investors on Monday, October 21st. Cormark analyst R. Gray now anticipates that the company will earn $0.21 per share for the quarter, down from their prior estimate of $0.32. The consensus estimate for Equinox Gold’s current full-year earnings is $1.39 per share.

Equinox Gold Trading Up 2.6 %

TSE:EQX opened at C$8.33 on Thursday. The firm’s fifty day moving average is C$7.90 and its 200-day moving average is C$7.67. The company has a debt-to-equity ratio of 51.77, a quick ratio of 1.31 and a current ratio of 1.10. Equinox Gold has a 52 week low of C$5.36 and a 52 week high of C$8.79. The firm has a market cap of C$3.78 billion, a P/E ratio of 10.28 and a beta of 1.16.

Equinox Gold (TSE:EQX) last posted its quarterly earnings data on Wednesday, August 7th. The company reported C($0.01) EPS for the quarter, meeting analysts’ consensus estimates of C($0.01). Equinox Gold had a net margin of 22.60% and a return on equity of 8.79%. The company had revenue of C$368.65 million for the quarter.

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.