Equinox Gold FY2025 EPS Raised by National Bank Financial

Equinox Gold Corp. (NYSEAMERICAN:EQX) – Investment analysts at National Bank Financial increased their FY2025 earnings estimates for shares of Equinox Gold in a note issued to investors on Tuesday, November 12th. National Bank Financial analyst M. Parkin now expects that the company will post earnings per share of $1.04 for the year, up from their previous forecast 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 (NYSEAMERICAN:EQX) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.01). Equinox Gold had a net margin of 19.83% and a return on equity of 0.69%. The business had revenue of $428.40 million during the quarter, compared to analysts’ expectations of $437.84 million. The business’s revenue for the quarter was up 50.5% compared to the same quarter last year.

Equinox Gold Price Performance

NYSEAMERICAN EQX opened at $5.17 on Thursday. 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 has a 12 month low of $3.95 and a 12 month high of $6.50. The company has a market capitalization of $2.35 billion, a P/E ratio of 10.67 and a beta of 1.31.

Institutional Trading of Equinox Gold

Hedge funds have recently bought and sold shares of the stock. Kings Path Partners LLC bought a new position in shares of Equinox Gold during the 2nd quarter valued at approximately $27,000. Continuum Advisory LLC bought a new position in Equinox Gold during the second quarter valued at $29,000. Veracity Capital LLC purchased a new position in shares of Equinox Gold in the 3rd quarter worth $61,000. Joel Isaacson & Co. LLC bought a new stake in shares of Equinox Gold in the 3rd quarter worth about $61,000. Finally, Evergreen Capital Management LLC raised its position in shares of Equinox Gold by 30.2% during the 2nd quarter. Evergreen Capital Management LLC now owns 21,559 shares of the company’s stock valued at $113,000 after buying an additional 5,000 shares in the last quarter. 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.