FY2024 EPS Estimates for Equinox Gold Lowered by Scotiabank

Equinox Gold Corp. (TSE:EQX) – Scotiabank cut their FY2024 EPS estimates for Equinox Gold in a research report issued on Wednesday, January 8th. Scotiabank analyst O. Habib now anticipates that the company will post earnings of $0.32 per share for the year, down from their prior estimate of $0.76. The consensus estimate for Equinox Gold’s current full-year earnings is $1.39 per share. Scotiabank also issued estimates for Equinox Gold’s FY2025 earnings at $0.71 EPS and FY2026 earnings at $1.05 EPS.

Equinox Gold Stock Up 1.3 %

Shares of TSE EQX opened at C$8.81 on Monday. The stock has a market cap of C$4.00 billion, a P/E ratio of 10.88 and a beta of 1.16. The firm has a 50 day moving average price of C$7.75 and a 200 day moving average price of C$7.74. 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 52-week low of C$5.36 and a 52-week high of C$9.17.

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.