FY2024 Earnings Estimate for Equinox Gold Issued By Cormark

Equinox Gold Corp. (TSE:EQX - Free Report) - Equities research analysts at Cormark cut their FY2024 earnings estimates for Equinox Gold in a report released on Friday, November 8th. Cormark analyst R. Gray now expects that the company will post earnings per share of $0.33 for the year, down from their previous forecast of $0.37. The consensus estimate for Equinox Gold's current full-year earnings is $1.39 per share.

Equinox Gold Stock Performance

Shares of TSE:EQX traded down C$0.72 on Monday, hitting C$7.38. 682,201 shares of the company were exchanged, compared to its average volume of 693,233. Equinox Gold has a 1-year low of C$5.36 and a 1-year high of C$8.79. The stock's 50 day moving average price is C$7.93 and its 200 day moving average price is C$7.63. 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$3.35 billion, a P/E ratio of 10.00 and a beta of 1.16.

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.