Scotiabank Weighs in on Equinox Gold FY2026 Earnings

Equinox Gold Corp. (TSE:EQX) – Equities researchers at Scotiabank issued their FY2026 earnings estimates for Equinox Gold in a research report issued to clients and investors on Wednesday, August 19th. Scotiabank analyst O. Habib expects that the company will post earnings per share of $1.48 for the year. Scotiabank currently has a “Strong-Buy” rating on the stock. The consensus estimate for Equinox Gold’s current full-year earnings is $1.39 per share. Scotiabank also issued estimates for Equinox Gold’s FY2027 earnings at $1.75 EPS.

A number of other equities research analysts also recently weighed in on the company. Canadian Imperial Bank of Commerce lowered their price target on Equinox Gold from C$31.00 to C$27.00 in a report on Thursday, July 16th. TD reduced their price objective on Equinox Gold from C$23.00 to C$20.00 and set a “buy” rating on the stock in a research note on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating and six have given a Buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of C$24.50.

Equinox Gold Trading Up 2.4%

TSE:EQX opened at C$19.07 on Monday. The company has a quick ratio of 1.31, a current ratio of 1.33 and a debt-to-equity ratio of 9.15. The business’s 50 day moving average is C$14.41 and its two-hundred day moving average is C$17.81. Equinox Gold has a 52 week low of C$11.18 and a 52 week high of C$25.87. The company has a market cap of C$22.26 billion, a PE ratio of 17.66 and a beta of 3.07.

Equinox Gold (TSE:EQX) last posted its quarterly earnings results on Wednesday, August 5th. The company reported C$0.21 EPS for the quarter. The business had revenue of C$1.09 billion during the quarter. Equinox Gold had a return on equity of 13.85% and a net margin of 26.36%.

Equinox Gold Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Wednesday, September 2nd will be issued a $0.0225 dividend. This is an increase from Equinox Gold’s previous quarterly dividend of $0.01. This represents a $0.09 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, August 19th. Equinox Gold’s dividend payout ratio is 2.78%.

Insider Buying and Selling

In related news, insider Daniella Elena Dimitrov bought 7,000 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was bought at an average cost of C$14.40 per share, for a total transaction of C$100,800.00. Following the completion of the purchase, the insider directly owned 109,199 shares in the company, valued at approximately C$1,572,465.60. The trade was a 6.85% increase in their position. 6.40% of the stock is currently owned by insiders.

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.