Equinox Gold (NYSEAMERICAN:EQX) Stock Rating Cut to Strong Sell at Zacks Research

Posted by Geri Gentry on Oct 23rd, 2026

Equinox Gold (NYSEAMERICAN:EQX – Get Free Report) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Wednesday, Zacks reports.

EQX has been the topic of a number of other research reports. Royal Bank Of Canada boosted their price target on shares of Equinox Gold from $13.00 to $14.00 and gave the company an “outperform” rating in a report on Wednesday, September 16th. Scotiabank reiterated an “outperform” rating on shares of Equinox Gold in a research note on Friday, August 7th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Equinox Gold in a research report on Friday, October 16th. Finally, TD Securities reissued a “buy” rating on shares of Equinox Gold in a report on Thursday, September 17th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $14.00.

View Our Latest Report on EQX

Equinox Gold Trading Down 6.2%

Shares of EQX stock opened at $10.36 on Wednesday. Equinox Gold has a fifty-two week low of $8.48 and a fifty-two week high of $18.96. The company has a quick ratio of 0.77, a current ratio of 1.33 and a debt-to-equity ratio of 0.09. The stock has a 50-day simple moving average of $11.97 and a 200 day simple moving average of $11.81. The stock has a market capitalization of $12.09 billion, a P/E ratio of 13.30 and a beta of 1.32.

Equinox Gold (NYSEAMERICAN:EQX – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.01). The business had revenue of $769.80 million during the quarter, compared to analyst estimates of $775.79 million. Equinox Gold had a return on equity of 10.91% and a net margin of 26.30%. The business’s revenue for the quarter was up 60.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.11 EPS. On average, sell-side analysts expect that Equinox Gold will post 1.02 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Equinox Gold

A number of large investors have recently modified their holdings of the stock. Van ECK Associates Corp boosted its position in Equinox Gold by 2.8% in the 2nd quarter. Van ECK Associates Corp now owns 87,435,651 shares of the company’s stock valued at $849,875,000 after buying an additional 2,355,044 shares during the last quarter. Deutsche Bank AG bought a new position in Equinox Gold in the second quarter valued at approximately $82,981,000. Amundi boosted its position in shares of Equinox Gold by 14.1% during the first quarter. Amundi now owns 4,239,964 shares of the company’s stock worth $61,310,000 after buying an additional 523,741 shares during the period. Euro Pacific Asset Management LLC grew its position in Equinox Gold by 66.9% in the third quarter. Euro Pacific Asset Management LLC now owns 4,181,021 shares of the company’s stock valued at $46,451,000 after purchasing an additional 1,676,488 shares in the last quarter. Finally, The Manufacturers Life Insurance Company acquired a new position in shares of Equinox Gold during the 2nd quarter worth approximately $40,220,000. 38.85% of the stock is currently owned by institutional investors and hedge funds.

About Equinox Gold

(Get Free Report)

Equinox Gold Corp. is a precious metals mining company focused primarily on the acquisition, development and operation of gold mines. The company produces gold and conducts exploration and development activities intended to expand its mineral reserves and production base.

Equinox Gold’s operations and projects have been located across the Americas, including Canada, the United States, Mexico and Brazil. Its portfolio has included the Greenstone Mine in Ontario, the Mesquite and Castle Mountain projects in California, the Los Filos complex in Mexico, and the Aurizona, Fazenda and Santa Luz operations in Brazil.

The company was formed in 2017 through the merger of Trek Mining and NewCastle Gold and has since grown through acquisitions, mine development and exploration.