National Bank Financial Estimates Equinox Gold Q3 Earnings

Equinox Gold Corp. (TSE:EQX) – National Bank Financial issued their Q3 2024 earnings estimates for shares of Equinox Gold in a research report issued to clients and investors on Tuesday, October 22nd. National Bank Financial analyst M. Parkin expects that the company will post earnings of $0.07 per share for the quarter. The consensus estimate for Equinox Gold’s current full-year earnings is $1.39 per share.

Equinox Gold Stock Performance

Shares of EQX stock opened at C$7.81 on Friday. The firm has a market cap of C$3.54 billion, a P/E ratio of 9.67 and a beta of 1.16. The company has a debt-to-equity ratio of 51.77, a quick ratio of 1.31 and a current ratio of 1.10. Equinox Gold has a one year low of C$5.36 and a one year high of C$8.79. The firm’s 50 day moving average price is C$7.93 and its 200-day moving average price is C$7.67.

Equinox Gold (TSE:EQX) last announced its quarterly earnings results on Wednesday, August 7th. The company reported C($0.01) EPS for the quarter, meeting the consensus estimate of C($0.01). The business had revenue of C$368.65 million for the quarter. Equinox Gold had a return on equity of 8.79% and a net margin of 22.60%.

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.