Equinox Gold(EQX)
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Equinox Gold: Still Worth Backing Despite The Recent Setbacks
Seeking Alpha· 2024-10-30 08:07
The month of October has not been great for Equinox Gold (NYSE: EQX ) (TSX: EQX:CA ). EQX suffered a number of setbacks in October, all of which might raise doubts as to whether EQX is worth backing or Welcome to my author's site. As an avid follower of SeekingAlpha, I take great interest in articles posted as the subject matter is often something that appeals to me. However, I will sometimes encounter an article that I might not agree with. My purpose is to present an alternative view to readers that they ...
Equinox Gold to Announce Third Quarter Financial and Operating Results on November 6, 2024
Newsfile· 2024-10-24 19:00
Equinox Gold to Announce Third Quarter Financial and Operating Results on November 6, 2024October 24, 2024 3:00 PM EDT | Source: Equinox Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - October 24, 2024) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) will announce its unaudited financial and operating results for the three and nine months ended September 30, 2024 on Wednesday, November 6, 2024, after market close. Equinox Gold will host a live conference call and webcast to discu ...
Equinox Gold Provides Operations Update on Greenstone Gold Mine
Newsfile· 2024-10-16 21:00
Vancouver, British Columbia--(Newsfile Corp. - October 16, 2024) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") is pleased to provide an operations update on its new Greenstone Gold Mine in Ontario, Canada. Greg Smith, President & CEO of Equinox Gold, commented: "Since commencing operations, the Greenstone Mine has demonstrated good progress with both mining and processing rates increasing substantially during Q3 and into October. The Greenstone team is focused on sys ...
Are Basic Materials Stocks Lagging Equinox Gold (EQX) This Year?
ZACKS· 2024-10-14 14:40
Company Performance - Equinox Gold (EQX) has shown a year-to-date performance increase of approximately 20%, significantly outperforming the average return of 1.4% for Basic Materials companies [4] - The Zacks Consensus Estimate for EQX's full-year earnings has increased by 12.9% over the past quarter, indicating improved analyst sentiment and a more positive earnings outlook [3] Industry Context - Equinox Gold is part of the Mining - Gold industry, which consists of 38 individual stocks and currently ranks 48 in the Zacks Industry Rank [6] - The average return for stocks in the Mining - Gold industry this year is 27%, suggesting that EQX is slightly underperforming its industry peers [6] Sector Ranking - The Basic Materials sector, which includes Equinox Gold among 235 individual stocks, is ranked 14 in the Zacks Sector Rank [2] - Equinox Gold holds a Zacks Rank of 2 (Buy), indicating a favorable position among its peers [3][5]
Equinox Gold Announces Convertible Note Conversion and Bought Deal Secondary Offering
GlobeNewswire News Room· 2024-10-03 10:01
Core Viewpoint - Equinox Gold Corp. has issued 24,761,905 common shares to Ninety Fourth Investment Company LLC as part of the conversion of a US$130 million convertible note, enhancing liquidity and reducing debt [1][4]. Group 1: Share Issuance and Offering - The common shares were issued to Ninety Fourth, an affiliate of MDC Industry Holding Company, on conversion of a US$130 million convertible note [1]. - Equinox Gold and Ninety Fourth have entered into an agreement with BMO Capital Markets for a secondary offering of the common shares at a price of US$5.65 per share, totaling approximately US$140 million in gross proceeds [2]. - The net proceeds from the offering will be paid directly to Ninety Fourth, with Equinox Gold not receiving any proceeds from the sale [3]. Group 2: Management Commentary - The President and CEO of Equinox Gold stated that the conversion of the convertible note reduces current debt and enhances liquidity, while expressing satisfaction with MDC's partial capitalization of their long-term investment through the offering [4]. Group 3: Future Financial Instruments - Following the offering, MDC will retain a second US$130 million convertible note with a maturity date of September 10, 2025, and a conversion price of US$6.50 per share, representing approximately 4.22% of the issued and outstanding common shares on an as-converted basis [4]. Group 4: Offering Details - The offering is expected to close on or about October 9, 2024, subject to customary closing conditions [5]. - The offering will be made in Canada, except Quebec, through a prospectus supplement to the Company's base shelf prospectus [6].
Equinox Gold Updates Mineral Resource Estimate for Hasaga Property in Red Lake, Ontario
Newsfile· 2024-09-11 23:18
. ● . Equinox Gold Updates Mineral Resource Estimate for Hasaga Property in Red Lake, Ontario September 11, 2024 7:18 PM EDT | Source: Equinox Gold Corp. Vancouver, British Columbia--(Newsfile Corp. - September 11, 2024) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") is pleased to announce an updated Mineral Resource Estimate ("MRE") for its 100% owned, exploration-stage Hasaga Property ("Hasaga" or the "Property") in Red Lake, Ontario. Highlights Indicated Mineral Re ...
Equinox Gold Celebrates Official Opening of the Greenstone Mine
Newsfile· 2024-08-29 12:00
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2024) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") today celebrates the official opening of its Greenstone Mine in Geraldton, Ontario. The event will be live streamed at www.GreenstoneGoldMines.com beginning at 11:00am ET and will include remarks from the mine's Indigenous Partners, Government dignitaries and Equinox Gold's leadership team. Greg Smith, President & CEO of Equinox Gold, commented: "Today is a p ...
Equinox Gold Completes C$1.5 Million "Ride to Greenstone" Fundraiser
Newsfile· 2024-08-28 12:00
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2024) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) is pleased to announce that after a remarkable journey of 3,634 kilometers from Vancouver, BC to Geraldton, ON, the Equinox Gold cycling and support team will reach the Greenstone Mine this morning to deliver a cheque for more than C$1.3 million to the Geraldton District Hospital. Equinox Gold's Canadian team was joined by cyclists and medics from the Company's mine sites in Brazil, Mexico an ...
Equinox Gold: Correction From Source
Newsfile· 2024-08-08 02:21
Core Viewpoint - Equinox Gold Corp. issued a correction regarding its news release on financial and operating results for Q2 2024, specifically about gold collar contracts related to a new Term Loan [1][2]. Group 1: Correction Details - The initial news release incorrectly stated that the company would deliver 279,996 ounces of gold per month from July 2024 to June 2026; the correct information is that the total delivery requirement is 279,996 ounces [2]. - This error was also reflected in the company's management's discussion and analysis (MD&A) for the three and six months ended June 30, 2024 [2]. Group 2: Impact on Financial Reporting - The correction does not alter any other information provided in the original news release or the MD&A [3]. - The corrected MD&A will be available on the company's profiles on SEDAR+, EDGAR, and its official website [3].
Equinox Gold Reports Second Quarter 2024 Financial and Operating Results
Newsfile· 2024-08-08 00:14
. ● . Equinox Gold Reports Second Quarter 2024 Financial and Operating Results August 07, 2024 8:14 PM EDT | Source: Equinox Gold Corp. All financial figures are in US dollars, unless otherwise indicated. Vancouver, British Columbia--(Newsfile Corp. - August 7, 2024) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") is pleased to announce its second quarter 2024 summary financial and operating results. The Company's unaudited condensed consolidated interim financial stat ...