Equinox Gold FY2024 EPS Increased by National Bank Financial

Equinox Gold Corp. (TSE:EQX) – Stock analysts at National Bank Financial upped their FY2024 earnings per share (EPS) estimates for shares of Equinox Gold in a report released on Monday, February 10th. National Bank Financial analyst M. Parkin now anticipates that the company will post earnings of $0.36 per share for the year, up from their previous estimate of $0.33. The consensus estimate for Equinox Gold’s current full-year earnings is $1.39 per share. National Bank Financial also issued estimates for Equinox Gold’s Q4 2024 earnings at $0.29 EPS.

Separately, TD Securities raised Equinox Gold to a “hold” rating in a research report on Tuesday, February 4th.

Equinox Gold Stock Performance

Shares of Equinox Gold stock opened at C$9.99 on Wednesday. The stock’s fifty day moving average is C$8.28 and its two-hundred day moving average is C$7.93. The company has a market capitalization of C$4.53 billion, a PE ratio of 12.33 and a beta of 1.16. The company has a quick ratio of 1.31, a current ratio of 1.10 and a debt-to-equity ratio of 51.77. Equinox Gold has a 52 week low of C$5.36 and a 52 week high of C$10.03.

About Equinox Gold

Equinox Gold Corp. engages in the exploration, acquisition, development, and operation of mineral properties in the Americas. It explores gold and silver deposits. It holds interest in properties in California located in the United States; Guerrero State located in Mexico; Maranhão, Bahia, and Mina Gerais state located in Brazil; and Ontario, Canada.