Equinox Gold Corp. (TSE:EQX) Declares Quarterly Dividend of $0.02

Equinox Gold Corp. (TSE:EQX) announced a quarterly dividend on Thursday, March 12th, TickerTech Dividends reports. Investors of record on Thursday, March 26th will be paid a dividend of 0.015 per share on Thursday, March 26th. This represents a c) annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Thursday, March 12th.

Equinox Gold Price Performance

EQX stock opened at C$22.42 on Tuesday. Equinox Gold has a 12-month low of C$7.71 and a 12-month high of C$25.87. The company has a quick ratio of 1.31, a current ratio of 1.56 and a debt-to-equity ratio of 32.94. The company’s fifty day simple moving average is C$21.52 and its 200 day simple moving average is C$18.19. The firm has a market cap of C$17.67 billion, a price-to-earnings ratio of 64.06 and a beta of 2.44.

Equinox Gold (TSE:EQX) last issued its earnings results on Wednesday, February 18th. The company reported C$0.48 EPS for the quarter. Equinox Gold had a return on equity of 4.68% and a net margin of 9.71%. On average, analysts expect that Equinox Gold will post 1.3865979 earnings per share for the current year.

Analyst Ratings Changes

EQX has been the topic of a number of recent research reports. TD Securities raised their price objective on shares of Equinox Gold from C$21.00 to C$26.00 in a report on Thursday, January 22nd. Stifel Nicolaus upped their price objective on Equinox Gold from C$25.00 to C$31.00 in a report on Tuesday, February 10th. Cormark dropped their price objective on Equinox Gold from C$22.50 to C$21.00 in a research note on Tuesday, December 16th. Royal Bank Of Canada lifted their price objective on Equinox Gold from C$19.00 to C$25.00 in a research report on Wednesday, December 10th. Finally, National Bank Financial raised their target price on shares of Equinox Gold from C$25.00 to C$26.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Six research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of C$25.86.

Equinox Gold Company Profile

Equinox Gold Corp is a Canadian-based gold mining company engaged in the exploration, development and production of gold assets across the Americas. The company focuses on operating and advancing assets that can deliver sustainable gold production through modern mining methods and responsible environmental practices.

Equinox Gold’s operating portfolio includes the Los Filos mine in Mexico, the Mesquite and Castle Mountain mines in California, and the Aurizona mine in Brazil. These assets employ a combination of heap‐leach and carbon‐in‐leach processing techniques to produce gold doré, while ongoing exploration programs seek to expand mineral reserves and extend mine life at each site.

Since its formation, Equinox Gold has grown through strategic acquisitions and organic project development, building a pipeline of development‐stage and advanced exploration properties across North and South America.