Q1 Earnings Estimate for Equinox Gold Issued By Cormark

Equinox Gold Corp. (NYSEAMERICAN:EQX) – Equities researchers at Cormark issued their Q1 2025 earnings estimates for Equinox Gold in a research report issued on Friday, February 21st. Cormark analyst R. Gray expects that the company will earn $0.11 per share for the quarter. The consensus estimate for Equinox Gold’s current full-year earnings is $0.85 per share. Cormark also issued estimates for Equinox Gold’s Q2 2025 earnings at $0.17 EPS, Q3 2025 earnings at $0.23 EPS, Q4 2025 earnings at $0.29 EPS, FY2025 earnings at $0.80 EPS and FY2026 earnings at $0.87 EPS.

EQX has been the subject of several other research reports. TD Securities raised shares of Equinox Gold to a “hold” rating in a research report on Tuesday, February 4th. TD Cowen began coverage on shares of Equinox Gold in a research report on Tuesday, February 4th. They set a “hold” rating and a $35.00 price target for the company.

Equinox Gold Stock Down 4.7 %

Shares of EQX stock opened at $6.48 on Monday. Equinox Gold has a one year low of $3.95 and a one year high of $7.22. The company has a quick ratio of 0.33, a current ratio of 0.85 and a debt-to-equity ratio of 0.37. The company has a market cap of $2.95 billion, a P/E ratio of 12.00 and a beta of 1.33.

Institutional Investors Weigh In On Equinox Gold

Several institutional investors have recently bought and sold shares of the business. Van ECK Associates Corp grew its stake in Equinox Gold by 7.7% during the third quarter. Van ECK Associates Corp now owns 41,121,033 shares of the company’s stock worth $247,549,000 after buying an additional 2,954,174 shares during the period. Donald Smith & CO. Inc. boosted its stake in shares of Equinox Gold by 49.6% in the fourth quarter. Donald Smith & CO. Inc. now owns 26,999,983 shares of the company’s stock valued at $135,540,000 after purchasing an additional 8,949,544 shares during the period. Vanguard Group Inc. boosted its stake in shares of Equinox Gold by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 13,822,876 shares of the company’s stock valued at $69,626,000 after purchasing an additional 236,455 shares during the period. Maple Rock Capital Partners Inc. boosted its stake in shares of Equinox Gold by 34.4% in the third quarter. Maple Rock Capital Partners Inc. now owns 9,169,400 shares of the company’s stock valued at $55,842,000 after purchasing an additional 2,349,000 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Equinox Gold by 8.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 9,160,605 shares of the company’s stock valued at $45,985,000 after purchasing an additional 750,300 shares during the period. 38.85% of the stock is currently owned by hedge funds and other institutional investors.

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.