Equinox Gold (NYSEAMERICAN:EQX) Stock Price Up 6.2% – Here’s What Happened

Posted by Francis Steltz on Jul 24th, 2026

Equinox Gold Corp. (NYSEAMERICAN:EQX – Get Free Report) rose 6.2% during trading on Wednesday . The company traded as high as $9.60 and last traded at $9.6250. Approximately 2,004,528 shares changed hands during trading, a decline of 82% from the average daily volume of 10,848,679 shares. The stock had previously closed at $9.06.

Analyst Ratings Changes

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

View Our Latest Research Report on Equinox Gold

Equinox Gold Stock Down 0.6%

The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.75 and a current ratio of 1.24. The firm has a fifty day simple moving average of $10.64 and a 200-day simple moving average of $13.51. The company has a market capitalization of $7.33 billion, a PE ratio of 11.61 and a beta of 1.26.

Equinox Gold (NYSEAMERICAN:EQX – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). Equinox Gold had a net margin of 21.72% and a return on equity of 10.26%. The business had revenue of $861.59 million during the quarter, compared to analyst estimates of $896.94 million. During the same period in the previous year, the company earned ($0.08) earnings per share. The business’s revenue for the quarter was up 224.3% on a year-over-year basis. Equities research analysts anticipate that Equinox Gold Corp. will post 1.12 EPS for the current fiscal year.

Equinox Gold Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Thursday, May 21st were issued a $0.015 dividend. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $0.06 annualized dividend and a yield of 0.6%. Equinox Gold’s dividend payout ratio is currently 11.11%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Mcguire Capital Advisors Inc. bought a new stake in shares of Equinox Gold in the 4th quarter worth about $25,000. EverSource Wealth Advisors LLC increased its holdings in Equinox Gold by 96.7% in the first quarter. EverSource Wealth Advisors LLC now owns 1,997 shares of the company’s stock valued at $29,000 after buying an additional 982 shares during the last quarter. Lodestone Wealth Management LLC bought a new stake in Equinox Gold in the fourth quarter valued at about $28,000. Quarry LP raised its stake in Equinox Gold by 329.9% during the fourth quarter. Quarry LP now owns 2,734 shares of the company’s stock valued at $38,000 after buying an additional 2,098 shares in the last quarter. Finally, Banque Cantonale Vaudoise acquired a new stake in Equinox Gold during the fourth quarter valued at approximately $39,000. 38.85% of the stock is currently owned by institutional investors.

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.