FY2024 EPS Estimate for Equinox Gold Increased by Analyst

Equinox Gold Corp. (TSE:EQX) – Stock analysts at National Bank Financial upped their FY2024 earnings per share 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 of $0.33 per share for the year, up from their previous forecast of $0.25. The consensus estimate for Equinox Gold’s current full-year earnings is $1.39 per share. National Bank Financial also issued estimates for Equinox Gold’s FY2026 earnings at $2.03 EPS.

Equinox Gold Stock Down 0.8 %

TSE:EQX opened at C$7.27 on Friday. The firm’s 50-day moving average price is C$7.92 and its 200-day moving average price is C$7.63. Equinox Gold has a 1-year low of C$5.36 and a 1-year high of C$8.79. The company has a market capitalization of C$3.30 billion, a PE ratio of 8.98 and a beta of 1.16. The company has a debt-to-equity ratio of 51.77, a current ratio of 1.10 and a quick ratio of 1.31.

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.