Equinox Gold FY2024 EPS Increased by National Bank Financial

Equinox Gold Corp. (TSE:EQX) – Equities researchers at National Bank Financial raised their FY2024 EPS estimates for shares of Equinox Gold in a note issued to investors on Tuesday, November 12th. National Bank Financial analyst M. Parkin now forecasts that the company will earn $0.33 per share for the year, up from their prior forecast of $0.25. The consensus estimate for Equinox Gold’s current full-year earnings is $1.39 per share. National Bank Financial also issued estimates for Equinox Gold’s FY2026 earnings at $2.03 EPS.

Equinox Gold Price Performance

Shares of EQX opened at C$7.33 on Friday. Equinox Gold has a fifty-two week low of C$5.36 and a fifty-two week high of C$8.79. The firm’s 50-day simple moving average is C$7.92 and its two-hundred day simple moving average is C$7.63. The stock has a market cap of C$3.32 billion, a PE ratio of 9.05 and a beta of 1.16. The company has a debt-to-equity ratio of 51.77, a quick ratio of 1.31 and a current ratio of 1.10.

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.