Q1 Earnings Forecast for Equinox Gold Issued By Cormark

Equinox Gold Corp. (NYSEAMERICAN:EQX) – Equities researchers at Cormark issued their Q1 2025 earnings per share estimates for shares of Equinox Gold in a note issued to investors on Friday, February 21st. Cormark analyst R. Gray expects that the company will post earnings per share of $0.11 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.

Several other brokerages have also recently weighed in on EQX. TD Cowen started 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. TD Securities upgraded shares of Equinox Gold to a “hold” rating in a report on Tuesday, February 4th.

Equinox Gold Stock Performance

Shares of Equinox Gold stock opened at $6.80 on Monday. The company has a current ratio of 0.85, a quick ratio of 0.33 and a debt-to-equity ratio of 0.37. Equinox Gold has a 52-week low of $3.95 and a 52-week high of $7.22. The company has a market capitalization of $3.10 billion, a PE ratio of 12.59 and a beta of 1.33.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. National Bank of Canada FI lifted its stake in shares of Equinox Gold by 15.3% in the 3rd quarter. National Bank of Canada FI now owns 2,288,413 shares of the company’s stock valued at $13,938,000 after purchasing an additional 303,904 shares during the period. Stifel Financial Corp purchased a new position in Equinox Gold during the third quarter valued at $1,388,000. Van ECK Associates Corp boosted its holdings in shares of Equinox Gold by 7.7% during the 3rd quarter. Van ECK Associates Corp now owns 41,121,033 shares of the company’s stock valued at $247,549,000 after buying an additional 2,954,174 shares in the last quarter. Maple Rock Capital Partners Inc. grew its position in shares of Equinox Gold by 34.4% in the 3rd quarter. Maple Rock Capital Partners Inc. now owns 9,169,400 shares of the company’s stock worth $55,842,000 after buying an additional 2,349,000 shares during the period. Finally, Donald Smith & CO. Inc. lifted its position in Equinox Gold by 35.5% during the 3rd quarter. Donald Smith & CO. Inc. now owns 18,050,439 shares of the company’s stock valued at $109,927,000 after acquiring an additional 4,727,570 shares during the period. 38.85% of the stock is 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.