Financial Data and Key Metrics Changes - In Q3 2024, the company produced and sold just under 174,000 gold ounces, achieving revenues of $428 million, driven by higher production and gold prices [5][13] - Adjusted EBITDA for Q3 2024 was $142 million, an increase of $61 million compared to Q3 2023 [19] - The cash cost per ounce sold was $1,720, while the all-in sustaining cost was $1,994 per ounce [5][17] - Net income for the quarter was $300,000, with adjusted net income of $37 million or $0.09 per share [20] Business Line Data and Key Metrics Changes - Greenstone produced just over 42,000 ounces of gold in Q3, with total production since May reaching just under 59,000 ounces [7][8] - At Mesquite, gold production was 15,223 ounces with an all-in sustaining cost of $1,421 per ounce [30] - Los Filos produced 48,462 ounces, marking the second highest quarter since acquisition, with an all-in sustaining cost of $2,153 per ounce [31] - Aurizona produced 17,181 ounces at an all-in sustaining cost of $2,145 per ounce [32] Market Data and Key Metrics Changes - The company achieved record gold sales and the highest revenue and adjusted EBITDA for any quarter, attributed to strong gold prices [37] - The average cash cost at Greenstone is expected to be significantly lower now that it is in commercial production [40] Company Strategy and Development Direction - The company aims to focus on deleveraging, using free cash flow from mines to pay down debt [25] - With Greenstone now in commercial production, the company plans to ramp up mining rates and plant throughput through Q4 [8][25] - The company is actively engaged in negotiations with communities around Los Filos to secure long-term operational agreements [52] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about Q4, expecting it to be another strong quarter due to increasing production and favorable gold prices [38] - The ramp-up at Greenstone is progressing well, with expectations for significant cash flow generation [28] Other Important Information - The company raised over CAD1.3 million for the Geraldton District Hospital and $200,000 for local charities [11] - A change in the board of directors occurred with Fraz Siddiqui stepping down [12] Q&A Session Summary Question: Clarification on commercial production criteria for Greenstone - Management explained that the criteria for declaring commercial production were conservative, and the mine's performance justified the declaration [39][40] Question: Unit costs at Greenstone - Management indicated that mining costs are on plan and will provide more data offline [41][42] Question: Recovery rates at Santa Luz - Recovery rates are currently averaging about 68% without de-sliming, with plans to refine the de-sliming circuit for better performance [43][46] Question: Update on Aurizona and Piaba pit - Management confirmed that Q4 was always the target for starting work in the Piaba pit, and they are on track with expectations [47][48] Question: Deleveraging plan and timeline - The company plans to retire maturing debt and optimize its debt maturity ladder as part of its deleveraging strategy [49][50] Question: Community negotiations at Los Filos - Management noted that constructive discussions are ongoing, and securing new agreements is critical for the mine's future [52][53]

Management's Discussion and Analysis For the three and nine months ended September 30, 2024 (Expressed in United States Dollars, unless otherwise stated) Management's Discussion and Analysis For the three and nine months ended September 30, 2024 This Management's Discussion and Analysis ("MD&A") of the financial position and results of operations for Equinox Gold Corp. (the "Company" or "Equinox Gold") should be read in conjunction with the audited consolidated financial statements of the Company as at and ...

Vancouver, British Columbia--(Newsfile Corp. - November 6, 2024) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") is pleased to announce that based on the operating progress achieved through October, its Greenstone Mine in Ontario, Canada has reached commercial production. Greg Smith, President & CEO of Equinox Gold, commented: "With the Greenstone Mine continuing to ramp up and generating positive operating cash flow, we are pleased to announce commercial production a ...

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, 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 ...

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 ...

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]

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 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 ...

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 ...