FY2027 EPS Estimates for Equinox Gold Reduced by Scotiabank

Equinox Gold Corp. (TSE:EQX) – Equities research analysts at Scotiabank cut their FY2027 EPS estimates for shares of Equinox Gold in a research report issued to clients and investors on Thursday, February 19th. Scotiabank analyst O. Habib now expects that the company will post earnings of $1.63 per share for the year, down from their previous estimate of $1.67. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Equinox Gold’s current full-year earnings is $1.39 per share.

EQX has been the topic of several other reports. TD Securities increased their target price on Equinox Gold from C$21.00 to C$26.00 in a research report on Thursday, January 22nd. Stifel Nicolaus upped their price target on Equinox Gold from C$25.00 to C$31.00 in a research note on Tuesday, February 10th. Royal Bank Of Canada lifted their price objective on Equinox Gold from C$19.00 to C$25.00 in a research note on Wednesday, December 10th. National Bank Financial boosted their target price on Equinox Gold from C$25.00 to C$26.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Cormark cut their price target on shares of Equinox Gold from C$22.50 to C$21.00 in a report on Tuesday, December 16th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Equinox Gold currently has an average rating of “Moderate Buy” and an average target price of C$25.07.

Equinox Gold Stock Up 6.3%

EQX stock opened at C$24.48 on Monday. The stock has a market capitalization of C$19.21 billion, a P/E ratio of 244.80 and a beta of 2.32. The company has a debt-to-equity ratio of 45.65, a quick ratio of 1.31 and a current ratio of 0.85. Equinox Gold has a one year low of C$7.71 and a one year high of C$24.91. The company has a 50 day moving average price of C$20.63 and a two-hundred day moving average price of C$17.21.

Equinox Gold (TSE:EQX) last issued its quarterly earnings results on Wednesday, February 18th. The company reported C$0.48 EPS for the quarter. Equinox Gold had a net margin of 19.82% and a return on equity of 8.67%.

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.