Cormark Has Optimistic Outlook of Equinox Gold Q2 Earnings

Equinox Gold Corp. (NYSEAMERICAN:EQX) – Analysts at Cormark boosted their Q2 2025 earnings estimates for Equinox Gold in a research report issued to clients and investors on Monday, May 12th. Cormark analyst R. Gray now expects that the company will earn $0.24 per share for the quarter, up from their previous forecast of $0.17. The consensus estimate for Equinox Gold’s current full-year earnings is $0.85 per share. Cormark also issued estimates for Equinox Gold’s Q3 2025 earnings at $0.36 EPS, Q4 2025 earnings at $0.46 EPS, FY2025 earnings at $0.98 EPS, FY2026 earnings at $1.37 EPS and FY2027 earnings at $1.45 EPS.

Other analysts have also recently issued reports about the stock. TD Cowen assumed coverage on shares of Equinox Gold in a research note on Tuesday, February 4th. They issued a “hold” rating and a $35.00 price objective for the company. TD Securities raised shares of Equinox Gold to a “hold” rating in a research report on Tuesday, February 4th. Finally, National Bank Financial upgraded shares of Equinox Gold to a “strong-buy” rating in a report on Friday, March 21st.

Equinox Gold Stock Up 1.0%

Shares of Equinox Gold stock opened at $6.04 on Thursday. Equinox Gold has a 12-month low of $4.48 and a 12-month high of $7.45. 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 stock has a 50 day moving average price of $6.61 and a two-hundred day moving average price of $6.06. The stock has a market capitalization of $2.75 billion, a P/E ratio of 11.19 and a beta of 1.33.

Equinox Gold (NYSEAMERICAN:EQX) last released its quarterly earnings results on Wednesday, May 7th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.19). Equinox Gold had a return on equity of 3.20% and a net margin of 17.81%. The company had revenue of $423.72 million for the quarter, compared to the consensus estimate of $404.00 million. During the same quarter last year, the company posted ($0.13) EPS. The business’s revenue was up 75.6% compared to the same quarter last year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Tobam acquired a new position in shares of Equinox Gold in the first quarter valued at $29,000. Parvin Asset Management LLC acquired a new stake in Equinox Gold during the fourth quarter worth $38,000. BNP Paribas Financial Markets bought a new stake in Equinox Gold in the 4th quarter valued at $47,000. Generali Investments CEE investicni spolecnost a.s. acquired a new position in shares of Equinox Gold in the 4th quarter valued at $50,000. Finally, Continuum Advisory LLC lifted its holdings in shares of Equinox Gold by 53.3% during the 1st quarter. Continuum Advisory LLC now owns 7,540 shares of the company’s stock worth $52,000 after acquiring an additional 2,620 shares during the period. 38.85% of the stock is 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.