National Bank Financial Forecasts Equinox Gold Q3 Earnings

Equinox Gold Corp. (TSE:EQX) – Equities researchers at National Bank Financial issued their Q3 2024 EPS estimates for shares of Equinox Gold in a research note issued on Tuesday, October 22nd. National Bank Financial analyst M. Parkin forecasts that the company will post earnings of $0.07 per share for the quarter. The consensus estimate for Equinox Gold’s current full-year earnings is $1.39 per share.

Equinox Gold Stock Down 3.9 %

Shares of TSE EQX opened at C$7.81 on Friday. The business has a 50-day moving average of C$7.93 and a two-hundred day moving average of C$7.67. The company has a market capitalization of C$3.54 billion, a price-to-earnings ratio of 9.67 and a beta of 1.16. Equinox Gold has a 1 year low of C$5.36 and a 1 year high of C$8.79. The company has a debt-to-equity ratio of 51.77, a current ratio of 1.10 and a quick ratio of 1.31.

Equinox Gold (TSE:EQX) last released its quarterly earnings data on Wednesday, August 7th. The company reported C($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of C($0.01). The business had revenue of C$368.65 million during the quarter. Equinox Gold had a net margin of 22.60% and a return on equity of 8.79%.

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.