Workflow
Equinox Gold(EQX)
icon
Search documents
Equinox Gold(EQX) - 2024 Q2 - Quarterly Report
2024-08-07 23:39
EQUINOX GOLD CORP., SOLIUS ACQUIRECO INC. and LEAGOLD MINING CORPORATION as Borrowers and THE BANK OF NOVA SCOTIA as Administrative Agent and THE BANK OF NOVA SCOTIA, BMO CAPITAL MARKETS, ING CAPITAL LLC and NATIONAL BANK FINANCIAL MARKETS as Mandated Lead Arrangers and Joint Bookrunners and BMO CAPITAL MARKETS, ING CAPITAL LLC and NATIONAL BANK FINANCIAL MARKETS as Co-Syndication Agents and THE BANK OF NOVA SCOTIA, BANK OF MONTREAL, ING CAPITAL LLC, NATIONAL BANK OF CANADA AND THE SEVERAL LENDERS FROM TIME ...
Equinox Gold (EQX) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
ZACKS· 2024-08-06 15:01
Shares of Equinox Gold (EQX) have been struggling lately and have lost 8.6% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road. While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the future earni ...
Equinox Gold's "Ride to Greenstone" Fundraiser is Underway
Newsfile· 2024-08-06 15:00
Vancouver, British Columbia--(Newsfile Corp. - August 6, 2024) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") wished its cycling and support team good luck yesterday as they set off for the Ride to Greenstone, an epic 3,634 km bike relay from Vancouver, BC to Geraldton, Ontario, to celebrate the official opening of the Company's new Greenstone Mine. The focus of the ride is to raise money for the Geraldton District Hospital, which serves a 2,767-km2 region in Northern ...
Equinox Gold to Announce Second Quarter Financial and Operating Results on August 7, 2024
Newsfile· 2024-07-24 17:19
. . . Equinox Gold to Announce Second Quarter Financial and Operating Results on August 7, 2024 July 24, 2024 1:19 PM EDT | Source: Equinox Gold Corp. Vancouver, British Columbia--(Newsfile Corp. - July 24, 2024) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) will announce its unaudited financial and operating results for the three and six months ended June 30, 2024 on Wednesday, August 7, 2024, after market close. Equinox Gold will host a live conference call and webcast to discuss the results the fo ...
Does Equinox Gold (EQX) Have the Potential to Rally 30.05% as Wall Street Analysts Expect?
ZACKS· 2024-07-19 14:56
Equinox Gold (EQX) closed the last trading session at $5.59, gaining 1.3% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $7.27 indicates a 30.1% upside potential. The average comprises 10 short-term price targets ranging from a low of $5.56 to a high of $8.82, with a standard deviation of $1.02. While the lowest estimate indicates a decline of 0.5% from the current price level, th ...
Should Value Investors Buy Equinox Gold (EQX) Stock?
ZACKS· 2024-07-10 14:45
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today. Finally, our model also underscores that EQX has a P/CF ratio of 10.17. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when conside ...
'Gold companies are going to produce a lot of cash flow' - Equinox Gold's Greg Smith
KITCO· 2024-06-03 22:12
GREENSTONE WILL BE EQUIPS GOLD'S 'COLD'S 'CO GREG SMITH GREENSTONE WILL BE EQUI GOLD'S 'CORNERSTONE AS Share KITCO MINING // IINII Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in ...
Equinox Gold Announces "Ride to Greenstone" Fundraiser
Newsfile· 2024-06-03 11:00
Core Points - Equinox Gold Corp. is launching the "Ride to Greenstone," a 3,634 km bike relay from Vancouver to Geraldton, Ontario, to celebrate the opening of the Greenstone Mine [1] - The ride aims to raise funds for the Geraldton District Hospital, which serves a large area including Indigenous communities and the mine workforce [2] - The company has raised over C$950,000 through early sponsorship efforts and is encouraging further sponsorship from vendors and industry leaders [3] Company Overview - The Greenstone Mine is positioned as Equinox Gold's flagship asset, expected to be the largest and lowest-cost producer, with first gold poured on May 22, 2024, and commercial production targeted for Q3 2024 [5] - At full capacity, the Greenstone Mine is projected to produce approximately 400,000 ounces of gold annually for the first five years and an average of 360,000 ounces per year over its initial 14-year mine life [5] - Equinox Gold operates eight gold mines across the Americas and aims to achieve over one million ounces of annual gold production through expansion projects [6]
7 Gold Stocks to Buy Amid Alarming Fear Trade Signals
investorplace.com· 2024-05-28 17:33
Industry Overview - The precious metals sector, particularly gold, has gained renewed interest as gold recently reached an all-time high, suggesting a potential healthy correction before another significant move [1][2] - The fear trade, characterized by a desire for safe-haven assets, has driven demand for gold, with both retail and central banks increasing their physical gold holdings [2][3] Company Summaries Kinross Gold (KGC) - Kinross Gold focuses on the acquisition, exploration, and development of gold properties in regions including the U.S., Brazil, and Canada, with analysts rating it a strong buy and a price target of $8.45, indicating nearly 5% upside potential [4][5] - The company reported a net income of $433.1 million on revenue of $4.39 billion over the trailing 12 months, with a quarterly revenue growth rate of 16.4% [5][6] Equinox Gold (EQX) - Equinox Gold, which operates in the Americas, is rated a moderate buy with an average price target of $6.90, suggesting a 24% upside [7][8] - The company has shown a quarterly surprise of 130.73% over the past four quarters, with a net loss of $31.27 million on sales of $1.1 billion [8][9] Wheaton Precious Metals (WPM) - Wheaton Precious Metals specializes in a streaming business model and is rated a strong buy with a price target of $59.94 [10][11] - The company reported a net income of $590.29 million on revenue of $1.1 billion, with a quarterly revenue growth rate of 38.4% [11][12] Franco-Nevada (FNV) - Franco-Nevada operates as a gold-focused royalty and streaming company, rated a moderate buy with a price target of $143.01 [13][14] - The company incurred a net loss of $478.4 million on revenue of $1.2 billion over the trailing 12 months, with a quarterly revenue growth rate of -7.1% [14][15] New Gold (NGD) - New Gold is an intermediate gold mining firm rated a moderate buy with an average price target of $2.21, indicating over 12% upside [16][17] - The company reported a net loss of $76.2 million on sales of $777 million, but analysts expect EPS to expand by 86% in fiscal 2024 [17][18] McEwen Mining (MUX) - McEwen Mining engages in the exploration and production of gold and silver, rated a strong buy with a price target of $13 [19][20] - The company reported a net income of $77.99 million on sales of $172.71 million, with analysts anticipating a significant improvement in fiscal 2024 [20][21] US Gold (USAU) - US Gold is a small enterprise focused on the exploration of gold and precious metals, with a market cap of less than $64 million [22][23] - The company is pre-revenue but has received two buy ratings with price targets of $11 and $15.25, indicating potential for significant share price mobility [23][24]
Wall Street Analysts See a 26.76% Upside in Equinox Gold (EQX): Can the Stock Really Move This High?
zacks.com· 2024-05-23 14:56
Equinox Gold (EQX) closed the last trading session at $5.53, gaining 5.7% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $7.01 indicates a 26.8% upside potential. The average comprises 10 short-term price targets ranging from a low of $4.95 to a high of $8.82, with a standard deviation of $1.22. While the lowest estimate indicates a decline of 10.5% from the current price level, t ...