Equinox Gold Corp. (TSE:EQX – Free Report) – Research analysts at Cormark lifted their Q3 2024 earnings per share estimates for Equinox Gold in a research note issued on Monday, August 12th. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.21 for the quarter, up from their previous estimate of $0.19. The consensus estimate for Equinox Gold’s current full-year earnings is $0.47 per share. Cormark also issued estimates for Equinox Gold’s Q4 2024 earnings at $0.32 EPS and FY2024 earnings at $0.51 EPS.
Separately, National Bank Financial upgraded shares of Equinox Gold from a “sector perform spec overwgt” rating to an “outperform overweight” rating in a research report on Friday, April 26th.
Equinox Gold Trading Up 2.6 %
Shares of EQX stock opened at C$7.20 on Wednesday. The stock has a 50 day simple moving average of C$7.40 and a 200-day simple moving average of C$7.20. 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 cap of C$3.09 billion, a price-to-earnings ratio of 8.89 and a beta of 1.14. The company has a debt-to-equity ratio of 50.57, a current ratio of 1.10 and a quick ratio of 1.31.
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.
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