Equinox Gold FY2025 EPS Lifted by National Bank Financial

Equinox Gold Corp. (NYSEAMERICAN:EQX) – Investment analysts at National Bank Financial upped their FY2025 earnings per share (EPS) estimates for Equinox Gold in a research note issued to investors on Tuesday, November 12th. National Bank Financial analyst M. Parkin now forecasts that the company will post earnings per share of $1.04 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 Price Performance

Shares of EQX opened at $5.19 on Thursday. The company has a market capitalization of $2.36 billion, a PE ratio of 10.45 and a beta of 1.31. Equinox Gold has a one year low of $3.95 and a one year high of $6.50. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.33 and a current ratio of 0.85.

Equinox Gold (NYSEAMERICAN:EQX) last released its quarterly 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 firm had revenue of $428.40 million during the quarter, compared to analyst estimates 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% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Kings Path Partners LLC acquired a new position in Equinox Gold during the 2nd quarter worth $27,000. Continuum Advisory LLC bought a new stake in Equinox Gold during the 2nd quarter worth about $29,000. Joel Isaacson & Co. LLC acquired a new position in Equinox Gold during the 3rd quarter valued at about $61,000. Veracity Capital LLC acquired a new stake in shares of Equinox Gold during the 3rd quarter worth approximately $61,000. Finally, Evergreen Capital Management LLC raised its stake in shares of Equinox Gold by 30.2% during the second quarter. Evergreen Capital Management LLC now owns 21,559 shares of the company’s stock worth $113,000 after buying an additional 5,000 shares during the last quarter. 38.85% of the stock is owned by 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.