FY2025 EPS Estimates for Equinox Gold Cut by Analyst

Equinox Gold Corp. (NYSEAMERICAN:EQX) – Analysts at National Bank Financial lowered their FY2025 earnings estimates for Equinox Gold in a report released on Monday, February 10th. National Bank Financial analyst M. Parkin now expects that the company will earn $0.95 per share for the year, down from their prior forecast of $1.04. The consensus estimate for Equinox Gold’s current full-year earnings is $0.36 per share.

Other equities analysts have also issued research reports about the stock. TD Cowen assumed coverage on shares of Equinox Gold in a research report on Tuesday, February 4th. They set a “hold” rating and a $35.00 price objective on the stock. TD Securities raised shares of Equinox Gold to a “hold” rating in a research report on Tuesday, February 4th.

Equinox Gold Price Performance

NYSEAMERICAN EQX opened at $7.01 on Thursday. 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 capitalization of $3.19 billion, a PE ratio of 14.31 and a beta of 1.33. Equinox Gold has a 52-week low of $3.95 and a 52-week high of $7.06.

Hedge Funds Weigh In On Equinox Gold

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Hobbs Group Advisors LLC bought a new position in Equinox Gold during the third quarter valued at approximately $43,000. Generali Investments CEE investicni spolecnost a.s. acquired a new position in Equinox Gold during the fourth quarter valued at approximately $50,000. Gamco Investors INC. ET AL acquired a new position in Equinox Gold during the fourth quarter valued at approximately $56,000. Kiker Wealth Management LLC acquired a new position in Equinox Gold during the fourth quarter valued at approximately $58,000. Finally, Joel Isaacson & Co. LLC acquired a new position in Equinox Gold during the third quarter valued at approximately $61,000. Institutional investors own 38.85% of the company’s stock.

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.