FY2024 Earnings Estimate for Equinox Gold Issued By Cormark

Equinox Gold Corp. (TSE:EQX) – Stock analysts at Cormark dropped their FY2024 earnings per share estimates for shares of Equinox Gold in a research report issued on Friday, November 8th. Cormark analyst R. Gray now forecasts that the company will post earnings per share of $0.33 for the year, down from their prior forecast of $0.37. The consensus estimate for Equinox Gold’s current full-year earnings is $1.39 per share.

Equinox Gold Trading Down 3.4 %

Shares of EQX opened at C$7.28 on Monday. Equinox Gold has a 12-month low of C$5.36 and a 12-month high of C$8.79. The firm has a market capitalization of C$3.30 billion, a P/E ratio of 8.95 and a beta of 1.16. The firm has a 50-day moving average price of C$7.93 and a 200 day moving average price of 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.

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.