FY2026 EPS Estimates for Equinox Gold Increased by Analyst

Equinox Gold Corp. (NYSEAMERICAN:EQX) – Equities researchers at Scotiabank increased their FY2026 earnings estimates for shares of Equinox Gold in a research note issued on Wednesday, February 11th. Scotiabank analyst O. Habib now anticipates that the company will earn $1.29 per share for the year, up from their prior forecast of $1.14. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Equinox Gold’s current full-year earnings is $0.85 per share.

Other equities analysts have also issued research reports about the company. Canadian Imperial Bank of Commerce upgraded Equinox Gold from a “neutral” rating to an “outperform” rating in a research note on Wednesday, February 4th. Stifel Nicolaus assumed coverage on shares of Equinox Gold in a research report on Tuesday, December 2nd. They set a “buy” rating on the stock. BMO Capital Markets reaffirmed an “outperform” rating on shares of Equinox Gold in a research report on Tuesday, January 27th. Cibc Captl Mkts downgraded shares of Equinox Gold from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th. Finally, Zacks Research raised shares of Equinox Gold from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $17.00.

Equinox Gold Stock Performance

Equinox Gold stock opened at $15.06 on Friday. Equinox Gold has a fifty-two week low of $5.59 and a fifty-two week high of $17.40. The company has a market capitalization of $11.83 billion, a PE ratio of 301.26 and a beta of 1.24. The company has a 50 day moving average price of $14.72 and a 200-day moving average price of $11.86. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.62 and a current ratio of 1.07.

Institutional Investors Weigh In On Equinox Gold

Hedge funds and other institutional investors have recently bought and sold shares of the company. Ruffer LLP raised its stake in shares of Equinox Gold by 15.4% in the third quarter. Ruffer LLP now owns 8,651,889 shares of the company’s stock worth $96,992,000 after purchasing an additional 1,152,288 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new position in Equinox Gold in the 3rd quarter worth approximately $6,991,000. Maple Rock Capital Partners Inc. increased its holdings in Equinox Gold by 102.1% in the 2nd quarter. Maple Rock Capital Partners Inc. now owns 14,308,748 shares of the company’s stock worth $82,398,000 after buying an additional 7,229,260 shares during the period. Allspring Global Investments Holdings LLC raised its position in Equinox Gold by 70.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 941,985 shares of the company’s stock worth $10,550,000 after buying an additional 390,000 shares during the last quarter. Finally, All Terrain Financial Advisors LLC acquired a new stake in Equinox Gold during the 2nd quarter valued at approximately $498,000. Hedge funds and other institutional investors own 38.85% of the company’s stock.

Equinox Gold Company Profile

Equinox Gold Corp is a Canadian gold mining company headquartered in Vancouver, British Columbia. The company focuses on the acquisition, development, and operation of gold properties, with an emphasis on open-pit heap leach mining. Since its inception, Equinox Gold has pursued a strategy of combining assets in established jurisdictions to build a diversified portfolio that balances production and growth, while maintaining rigorous safety and environmental standards.

Equinox Gold’s operating portfolio spans three countries.