Brokers Set Expectations for Equinox Gold Q2 Earnings

Equinox Gold Corp. (NYSEAMERICAN:EQX) – Analysts at National Bank Financial issued their Q2 2025 earnings estimates for Equinox Gold in a research report issued on Tuesday, July 15th. National Bank Financial analyst M. Sidibe anticipates that the company will post earnings of $0.07 per share for the quarter. National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for Equinox Gold’s current full-year earnings is $0.85 per share. National Bank Financial also issued estimates for Equinox Gold’s FY2025 earnings at $0.62 EPS and FY2026 earnings at $1.28 EPS.

Equinox Gold (NYSEAMERICAN:EQX) last released its earnings results on Wednesday, May 7th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.19). The firm had revenue of $423.72 million for the quarter, compared to analyst estimates of $404.00 million. Equinox Gold had a return on equity of 2.20% and a net margin of 13.96%. Equinox Gold’s revenue was up 75.6% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.13) earnings per share.

Other equities analysts have also recently issued reports about the company. TD Securities raised Equinox Gold from a “hold” rating to a “buy” rating in a report on Wednesday. CIBC reissued a “neutral” rating on shares of Equinox Gold in a report on Tuesday. National Bankshares restated an “outperform” rating on shares of Equinox Gold in a research note on Friday, June 13th. Finally, BMO Capital Markets started coverage on Equinox Gold in a report on Wednesday, June 18th. They issued an “outperform” rating for the company. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Equinox Gold currently has a consensus rating of “Moderate Buy” and an average target price of $35.00.

Equinox Gold Price Performance

Shares of EQX opened at $6.32 on Friday. The firm has a market cap of $4.78 billion, a PE ratio of 12.66 and a beta of 1.11. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.50 and a current ratio of 0.85. The firm’s 50 day moving average price is $6.31 and its 200 day moving average price is $6.25. Equinox Gold has a twelve month low of $4.48 and a twelve month high of $7.45.

Institutional Trading of Equinox Gold

A number of institutional investors have recently made changes to their positions in the stock. Builder Investment Group Inc. ADV lifted its stake in shares of Equinox Gold by 1.2% in the 2nd quarter. Builder Investment Group Inc. ADV now owns 1,076,384 shares of the company’s stock valued at $6,189,000 after purchasing an additional 12,400 shares during the period. ORG Partners LLC lifted its holdings in Equinox Gold by 191.2% during the second quarter. ORG Partners LLC now owns 7,570 shares of the company’s stock valued at $43,000 after purchasing an additional 4,970 shares in the last quarter. Eagle Global Advisors LLC grew its holdings in Equinox Gold by 28.8% during the 2nd quarter. Eagle Global Advisors LLC now owns 42,000 shares of the company’s stock valued at $242,000 after buying an additional 9,400 shares in the last quarter. Ruffer LLP raised its holdings in shares of Equinox Gold by 322.1% during the 2nd quarter. Ruffer LLP now owns 7,499,601 shares of the company’s stock worth $43,267,000 after acquiring an additional 5,722,871 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its holdings in shares of Equinox Gold by 41.5% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 231,297 shares of the company’s stock worth $1,334,000 after purchasing an additional 67,815 shares during the period. Hedge funds and other institutional investors 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.