Analysts Offer Predictions for Equinox Gold FY2026 Earnings

Equinox Gold Corp. (NYSEAMERICAN:EQX) – Investment analysts at Scotiabank issued their FY2026 earnings per share estimates for shares of Equinox Gold in a research note issued to investors on Wednesday, August 19th. Scotiabank analyst O. Habib anticipates that the company will earn $1.07 per share for the year. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Equinox Gold’s current full-year earnings is $1.10 per share. Scotiabank also issued estimates for Equinox Gold’s FY2027 earnings at $1.27 EPS.

A number of other research firms have also recently weighed in on EQX. Zacks Research cut Equinox Gold from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. Royal Bank Of Canada dropped their price objective on shares of Equinox Gold from $14.00 to $13.00 and set an “outperform” rating on the stock in a research note on Thursday, July 9th. The Goldman Sachs Group raised shares of Equinox Gold from a “buy” rating to a “buy” rating in a research report on Monday, June 8th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Equinox Gold in a research note on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Equinox Gold presently has an average rating of “Buy” and a consensus target price of $13.00.

Equinox Gold Price Performance

EQX stock opened at $13.76 on Monday. The firm has a market cap of $16.06 billion, a P/E ratio of 13.76 and a beta of 1.27. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.77 and a current ratio of 1.33. Equinox Gold has a 1 year low of $8.06 and a 1 year high of $18.96. The stock has a 50-day simple moving average of $10.26 and a 200-day simple moving average of $12.87.

Equinox Gold (NYSEAMERICAN:EQX) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). Equinox Gold had a return on equity of 10.91% and a net margin of 26.30%.The company had revenue of $769.80 million for the quarter, compared to analyst estimates of $775.79 million. During the same quarter in the prior year, the firm earned $0.11 EPS. The company’s revenue for the quarter was up 60.8% compared to the same quarter last year.

Equinox Gold Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Investors of record on Wednesday, August 19th will be paid a $0.0225 dividend. This represents a $0.09 annualized dividend and a dividend yield of 0.7%. This is a positive change from Equinox Gold’s previous quarterly dividend of $0.01. The ex-dividend date is Wednesday, August 19th. Equinox Gold’s payout ratio is presently 16.67%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Mcguire Capital Advisors Inc. purchased a new stake in Equinox Gold during the 4th quarter worth approximately $25,000. EverSource Wealth Advisors LLC raised its position in shares of Equinox Gold by 96.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,997 shares of the company’s stock valued at $29,000 after purchasing an additional 982 shares in the last quarter. Quarry LP boosted its stake in shares of Equinox Gold by 329.9% during the 4th quarter. Quarry LP now owns 2,734 shares of the company’s stock valued at $38,000 after buying an additional 2,098 shares during the last quarter. Banque Cantonale Vaudoise purchased a new position in shares of Equinox Gold during the 4th quarter valued at approximately $39,000. Finally, Purpose Unlimited Inc. acquired a new stake in shares of Equinox Gold during the fourth quarter worth approximately $42,000. Hedge funds and other institutional investors own 38.85% of the company’s stock.

About Equinox Gold

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.