Equinox Gold (EQX) to Release Earnings on Wednesday

Equinox Gold (TSE:EQX) is set to post its quarterly earnings results after the market closes on Wednesday, May 8th. Analysts expect Equinox Gold to post earnings of C($0.09) per share for the quarter.

Equinox Gold (TSE:EQX) last released its quarterly earnings data on Wednesday, February 21st. The company reported C$0.01 EPS for the quarter, beating analysts’ consensus estimates of C($0.04) by C$0.05. Equinox Gold had a return on equity of 1.21% and a net margin of 2.65%. The business had revenue of C$405.46 million during the quarter.

Equinox Gold Price Performance

Equinox Gold stock opened at C$7.40 on Monday. Equinox Gold has a 1 year low of C$5.36 and a 1 year high of C$8.79. The company has a current ratio of 1.74, a quick ratio of 1.31 and a debt-to-equity ratio of 41.06. The firm has a market capitalization of C$2.86 billion, a P/E ratio of 61.67 and a beta of 1.08. The business has a 50-day moving average of C$7.34 and a 200-day moving average of C$6.71.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on EQX shares. National Bank Financial raised shares of Equinox Gold from a “sector perform spec overwgt” rating to an “outperform overweight” rating in a research report on Friday, April 26th. Desjardins raised shares of Equinox Gold from a “hold” rating to a “buy” rating in a research report on Tuesday, January 30th.

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.