FY2025 EPS Estimates for Equinox Gold Cut by Analyst

Equinox Gold Corp. (NYSEAMERICAN:EQX) – Stock analysts at National Bank Financial cut their FY2025 EPS estimates for Equinox Gold in a research note issued to investors on Monday, February 10th. National Bank Financial analyst M. Parkin now forecasts that the company will earn $0.95 per share for the year, down from their previous forecast of $1.04. The consensus estimate for Equinox Gold’s current full-year earnings is $0.36 per share.

A number of other analysts have also recently weighed in on the stock. TD Securities raised shares of Equinox Gold to a “hold” rating in a report on Tuesday, February 4th. TD Cowen initiated coverage on shares of Equinox Gold in a research report on Tuesday, February 4th. They issued a “hold” rating and a $35.00 target price for the company.

Equinox Gold Price Performance

Shares of NYSEAMERICAN:EQX opened at $7.01 on Thursday. The firm has a market cap of $3.19 billion, a price-to-earnings ratio of 14.31 and a beta of 1.33. Equinox Gold has a 1-year low of $3.95 and a 1-year high of $7.06. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.33 and a current ratio of 0.85.

Hedge Funds Weigh In On Equinox Gold

Large investors have recently made changes to their positions in the business. Hobbs Group Advisors LLC acquired a new position in shares of Equinox Gold in the third quarter worth about $43,000. Generali Investments CEE investicni spolecnost a.s. acquired a new position in shares of Equinox Gold in the fourth quarter worth about $50,000. Gamco Investors INC. ET AL acquired a new position in shares of Equinox Gold in the fourth quarter worth about $56,000. Kiker Wealth Management LLC acquired a new position in shares of Equinox Gold in the fourth quarter worth about $58,000. Finally, Joel Isaacson & Co. LLC purchased a new stake in shares of Equinox Gold in the third quarter worth approximately $61,000. Institutional investors own 38.85% of the company’s stock.

Equinox Gold Company Profile

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.