FY2024 EPS Forecast for Equinox Gold Decreased by Analyst

Equinox Gold Corp. (TSE:EQXFree Report) – Investment analysts at Scotiabank lowered their FY2024 EPS estimates for shares of Equinox Gold in a research note issued on Wednesday, January 8th. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $0.32 for the year, down from their previous forecast 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 Down 4.8 %

TSE:EQX opened at C$8.39 on Monday. Equinox Gold has a one year low of C$5.36 and a one year high of C$9.17. The company has a debt-to-equity ratio of 51.77, a quick ratio of 1.31 and a current ratio of 1.10. The company has a market capitalization of C$3.80 billion, a price-to-earnings ratio of 10.36 and a beta of 1.16. The stock has a 50-day simple moving average of C$7.77 and a 200 day simple moving average of C$7.75.

About Equinox Gold

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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.

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