Equinox Gold Corp. (NYSEAMERICAN:EQX) to Post FY2025 Earnings of $0.87 Per Share, National Bank Financial Forecasts

Equinox Gold Corp. (NYSEAMERICAN:EQX) – Equities researchers at National Bank Financial increased their FY2025 EPS estimates for Equinox Gold in a research report issued to clients and investors on Tuesday, July 16th. National Bank Financial analyst M. Parkin now anticipates that the company will post earnings per share of $0.87 for the year, up from their prior estimate of $0.73. National Bank Financial currently has a “Outperform Overweight” rating on the stock. The consensus estimate for Equinox Gold’s current full-year earnings is $0.37 per share.

Equinox Gold (NYSEAMERICAN:EQX) last released its quarterly earnings data on Wednesday, May 8th. The company reported ($0.04) EPS for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.02. Equinox Gold had a negative net margin of 2.85% and a positive return on equity of 0.43%. The company had revenue of $241.32 million during the quarter.

Equinox Gold Trading Down 5.7 %

Shares of Equinox Gold stock opened at $5.77 on Thursday. Equinox Gold has a 1 year low of $3.95 and a 1 year high of $6.50. The company has a market cap of $2.47 billion, a price-to-earnings ratio of -64.10 and a beta of 1.31. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.17 and a quick ratio of 0.49.

Institutional Investors Weigh In On Equinox Gold

Several hedge funds have recently bought and sold shares of the stock. &PARTNERS bought a new stake in shares of Equinox Gold in the 1st quarter worth approximately $60,000. Everett Harris & Co. CA bought a new stake in shares of Equinox Gold in the 4th quarter worth approximately $52,000. Advisor Resource Council bought a new stake in shares of Equinox Gold in the 1st quarter worth approximately $76,000. Parsons Capital Management Inc. RI bought a new stake in shares of Equinox Gold in the 1st quarter worth approximately $90,000. Finally, Vanguard Personalized Indexing Management LLC bought a new stake in shares of Equinox Gold in the 4th quarter worth approximately $80,000. 38.85% of the stock is currently owned by 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.