Equinox Gold FY2024 EPS Forecast Decreased by Scotiabank

Equinox Gold Corp. (TSE:EQX - Free Report) - Stock analysts at Scotiabank decreased their FY2024 EPS estimates for Equinox Gold in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst O. Habib now expects that the company will post earnings of $0.32 per share for the year, down from their prior forecast 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 Down 4.8 %

Shares of TSE:EQX traded down C$0.42 on Monday, reaching C$8.39. The company had a trading volume of 697,869 shares, compared to its average volume of 880,909. The company has a current ratio of 1.10, a quick ratio of 1.31 and a debt-to-equity ratio of 51.77. The firm has a market capitalization of C$3.80 billion, a PE ratio of 10.36 and a beta of 1.16. Equinox Gold has a 52-week low of C$5.36 and a 52-week high of C$9.17. The firm's 50 day simple moving average is C$7.75 and its 200-day simple moving average is C$7.74.

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.