Equinox Gold (NYSEAMERICAN:EQX) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Equinox Gold (NYSEAMERICAN:EQXGet Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01), Briefing.com reports. The business had revenue of $769.80 million for the quarter, compared to the consensus estimate of $775.79 million. Equinox Gold had a return on equity of 11.16% and a net margin of 26.30%.Equinox Gold’s revenue was up 60.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.11 earnings per share.

Equinox Gold Stock Performance

NYSEAMERICAN EQX traded up $0.42 on Thursday, hitting $10.74. 30,217,381 shares of the company’s stock traded hands, compared to its average volume of 13,592,621. The firm’s 50-day moving average price is $10.05 and its two-hundred day moving average price is $13.16. The firm has a market capitalization of $8.48 billion, a PE ratio of 10.74 and a beta of 1.27. The company has a current ratio of 1.24, a quick ratio of 0.75 and a debt-to-equity ratio of 0.10. Equinox Gold has a 1-year low of $6.29 and a 1-year high of $18.96.

Equinox Gold Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th will be given a dividend of $0.0225 per share. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.09 dividend on an annualized basis and a yield of 0.8%. This is a boost from Equinox Gold’s previous quarterly dividend of $0.01. Equinox Gold’s payout ratio is 11.11%.

Analyst Ratings Changes

Several research firms have issued reports on EQX. Zacks Research cut shares of Equinox Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 21st. Royal Bank Of Canada dropped their price objective on Equinox Gold from $14.00 to $13.00 and set an “outperform” rating on the stock in a research note on Thursday, July 9th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Equinox Gold in a report on Thursday, July 16th. Finally, The Goldman Sachs Group upgraded Equinox Gold from a “buy” rating to a “buy” rating in a report on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $13.00.

Check Out Our Latest Research Report on Equinox Gold

Key Equinox Gold News

Here are the key news stories impacting Equinox Gold this week:

  • Positive Sentiment: Higher production outlook and mine expansion: Equinox completed its Orla Mining acquisition and increased its 2026 production guidance, strengthening its position as a larger North American gold producer. The company also approved a $436 million expansion of the Valentine mine, which could support future production and cash flow. Equinox Gold approves $436M Valentine mine expansion
  • Positive Sentiment: Strong year-over-year financial growth: Second-quarter revenue rose 60.8% to $769.8 million, while net income attributable to common shareholders reached $242.6 million and operating cash flow was $203.4 million. The results indicate improved scale and profitability following the company’s expansion and merger activity. Equinox Gold second-quarter results
  • Positive Sentiment: Dividend increased: The board raised the quarterly dividend 50% to US$0.0225 per share, or US$0.09 annualized. Investors of record on August 19 will receive the payment on September 2, providing a modest yield while signaling management’s confidence in cash generation. Equinox Gold increases cash dividend by 50%
  • Neutral Sentiment: Quarterly earnings slightly missed expectations: Reported EPS was $0.16 versus the $0.17 consensus estimate, and revenue was modestly below forecasts of $775.8 million. However, EPS improved from $0.11 a year earlier.
  • Negative Sentiment: Elevated put-option activity: Traders bought 7,737 put options, approximately 69% above typical daily volume, suggesting increased short-term hedging or bearish speculation. This may add volatility, although options activity alone does not establish a lasting change in fundamentals.

Hedge Funds Weigh In On Equinox Gold

Several institutional investors and hedge funds have recently modified their holdings of the stock. FIL Ltd acquired a new stake in Equinox Gold in the 4th quarter valued at $332,888,000. Boston Partners purchased a new stake in shares of Equinox Gold during the fourth quarter worth about $75,290,000. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Equinox Gold during the fourth quarter worth about $55,875,000. The Manufacturers Life Insurance Company raised its position in shares of Equinox Gold by 163.4% during the 4th quarter. The Manufacturers Life Insurance Company now owns 5,946,309 shares of the company’s stock worth $83,576,000 after purchasing an additional 3,688,805 shares during the last quarter. Finally, Maple Rock Capital Partners Inc. raised its position in shares of Equinox Gold by 21.6% during the 4th quarter. Maple Rock Capital Partners Inc. now owns 20,234,048 shares of the company’s stock worth $284,152,000 after purchasing an additional 3,589,200 shares during the last quarter. Institutional investors and hedge funds own 38.85% of the company’s stock.

About Equinox Gold

(Get Free Report)

Equinox Gold Corp is a Canadian gold mining company headquartered in Vancouver, British Columbia. The company focuses on the acquisition, development, and operation of gold properties, with an emphasis on open-pit heap leach mining. Since its inception, Equinox Gold has pursued a strategy of combining assets in established jurisdictions to build a diversified portfolio that balances production and growth, while maintaining rigorous safety and environmental standards.

Equinox Gold’s operating portfolio spans three countries.

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Earnings History for Equinox Gold (NYSEAMERICAN:EQX)

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