Equinox Gold Corp. (NYSEAMERICAN:EQX – Free Report) – Analysts at National Bank Financial cut their FY2026 earnings per share estimates for Equinox Gold in a research note issued on Tuesday, February 25th. National Bank Financial analyst M. Parkin now expects that the company will post earnings per share of $1.21 for the year, down from their prior estimate of $1.46. The consensus estimate for Equinox Gold’s current full-year earnings is $0.85 per share.
EQX has been the subject of several other reports. TD Cowen assumed coverage on Equinox Gold in a report on Tuesday, February 4th. They issued a “hold” rating and a $35.00 target price for the company. TD Securities upgraded shares of Equinox Gold to a “hold” rating in a research note on Tuesday, February 4th.
Equinox Gold Stock Performance
Shares of EQX opened at $6.42 on Friday. The firm has a market cap of $2.93 billion, a PE ratio of 11.89 and a beta of 1.33. 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 12 month low of $4.00 and a 12 month high of $7.22.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in EQX. Mackenzie Financial Corp grew its position in Equinox Gold by 42.6% in the 4th quarter. Mackenzie Financial Corp now owns 7,008,149 shares of the company’s stock worth $35,260,000 after purchasing an additional 2,093,437 shares during the last quarter. Public Employees Retirement System of Ohio grew its position in Equinox Gold by 2.9% during the fourth quarter. Public Employees Retirement System of Ohio now owns 137,268 shares of the company’s stock worth $691,000 after buying an additional 3,826 shares in the last quarter. Pacific Point Advisors LLC bought a new position in Equinox Gold during the fourth quarter valued at about $93,000. Focus Partners Advisor Solutions LLC acquired a new position in Equinox Gold in the 4th quarter valued at approximately $301,000. Finally, Toronto Dominion Bank raised its holdings in Equinox Gold by 118.0% in the 4th quarter. Toronto Dominion Bank now owns 287,816 shares of the company’s stock valued at $1,447,000 after acquiring an additional 155,815 shares in the last quarter. 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.
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