Equinox Gold Corp. (TSE:EQX - Free Report) - Equities researchers at Cormark dropped their Q4 2024 EPS estimates for shares of Equinox Gold in a note issued to investors on Monday, October 21st. Cormark analyst R. Gray now expects that the company will post earnings of $0.21 per share for the quarter, down from their previous forecast of $0.32. The consensus estimate for Equinox Gold's current full-year earnings is $1.39 per share.
Equinox Gold (TSE:EQX - Get Free Report) last released its quarterly earnings results on Wednesday, August 7th. The company reported C($0.01) EPS for the quarter, hitting the consensus estimate of C($0.01). Equinox Gold had a return on equity of 8.79% and a net margin of 22.60%. The business had revenue of C$368.65 million for the quarter.
Equinox Gold Stock Down 2.4 %
EQX stock traded down C$0.20 during mid-day trading on Thursday, hitting C$8.13. 800,556 shares of the company were exchanged, compared to its average volume of 692,092. The firm has a fifty day simple moving average of C$7.90 and a 200 day simple moving average of C$7.67. The company has a market capitalization of C$3.69 billion, a PE ratio of 9.93 and a beta of 1.16. Equinox Gold has a twelve month low of C$5.36 and a twelve month high of C$8.79. The company has a current ratio of 1.10, a quick ratio of 1.31 and a debt-to-equity ratio of 51.77.
About Equinox Gold
(
Get Free Report)
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.
Further Reading
Before you consider Equinox Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Equinox Gold wasn't on the list.
While Equinox Gold currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.