FY2024 EPS Estimates for Equinox Gold Lowered by Scotiabank

Equinox Gold Corp. (TSE:EQX) – Investment analysts at Scotiabank reduced their FY2024 EPS estimates for Equinox Gold in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst O. Habib now anticipates that the company will earn $0.32 per share for the year, down from their previous estimate of $0.76. The consensus estimate for Equinox Gold’s current full-year earnings is $1.39 per share. Scotiabank also issued estimates for Equinox Gold’s FY2025 earnings at $0.71 EPS and FY2026 earnings at $1.05 EPS.

Equinox Gold Stock Performance

TSE EQX opened at C$8.81 on Monday. 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’s fifty day moving average price is C$7.75 and its two-hundred day moving average price is C$7.74. Equinox Gold has a 1 year low of C$5.36 and a 1 year high of C$9.17. The firm has a market capitalization of C$4.00 billion, a P/E ratio of 10.88 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.