FY2024 EPS Estimates for Equinox Gold Increased by Analyst

Equinox Gold Corp. (TSE:EQX) – Investment analysts at National Bank Financial boosted their FY2024 earnings per share (EPS) estimates for Equinox Gold in a research report issued to clients and investors on Monday, February 10th. National Bank Financial analyst M. Parkin now anticipates that the company will post earnings per share of $0.36 for the year, up from their prior 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 shares of Equinox Gold to a “hold” rating in a research report on Tuesday, February 4th.

Equinox Gold Stock Performance

Shares of TSE:EQX opened at C$9.56 on Wednesday. The firm has a market capitalization of C$4.34 billion, a PE ratio of 11.80 and a beta of 1.16. Equinox Gold has a 12 month low of C$5.36 and a 12 month high of C$9.93. The company has a debt-to-equity ratio of 51.77, a current ratio of 1.10 and a quick ratio of 1.31. The business has a 50-day moving average of C$8.25 and a two-hundred day moving average of C$7.92.

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.