Core Viewpoint - The recent U.S.-China trade deal has led to a dip in gold prices from historic highs, yet gold stocks remain a strong hedge against market volatility, benefiting from the commodity's peak [1]. Gold Stocks Overview - Several gold stocks have been recognized on the Zacks Rank 1 (Strong Buy) list, indicating their strong performance amid the commodity's historic peak [2]. Company Analysis: Agnico Eagle Mines (AEM) - Agnico Eagle Mines operates one of Canada's largest gold mines and has seen a 10% dip in stock price, which is considered an intriguing buying opportunity as the stock has increased over 30% year-to-date and 100% over the last three years [4][5]. - The company is projected to produce over 3 million ounces of gold in 2024, with gold reserves totaling 1.27 million tons [5]. Company Analysis: Equinox Gold (EQX) - Equinox Gold is trading at $6 per share, with a favorable risk-to-reward profile due to its growth potential in gold, copper, and silver mining [7]. - The company expects high double-digit growth, trading at 6X forward earnings and under 2X sales, with EPS projected to increase by 400% in fiscal 2025 and another 24% in FY26 [8]. Company Analysis: Harmony Gold (HMY) - Harmony Gold, South Africa's largest gold miner, has seen its stock triple in the last three years, with a year-to-date increase of over 70% despite an 11% drop in May [9][10]. - The company achieved a record operating free cash flow of $579 million in Q1 and provided a record interim dividend payout of $78 million, with a current annual dividend yield of 1.36% [12]. Investment Opportunity - The current market conditions present a "buy the dip" opportunity for these highly ranked gold stocks, which are expected to benefit from the historic surge in gold prices despite improved U.S. trade relations bringing more market stability [13].

Core Insights - Equinox Gold reported its highest first-quarter production in history, producing over 145,000 ounces of gold, with expectations for increased production each quarter throughout the year [2][3] - The company is advancing towards closing a merger with Calibre Mining, which will create a diversified gold producer focused on the Americas, anchored by two long-life Canadian gold mines [3] Operational Highlights - Gold production for Q1 2025 was 145,290 ounces, while gold sold was 147,920 ounces at an average realized price of $2,858 per ounce [7][16] - Total cash costs were $1,769 per ounce, and all-in sustaining costs (AISC) were $2,065 per ounce [7][16] - The company reported two lost-time injuries and a total recordable injury frequency rate of 1.95 for the rolling 12-month period [7] Financial Performance - Cash flow from operations before changes in non-cash working capital was $73.3 million, with a net loss of $75.5 million or $0.17 per share [5][24] - Revenue for Q1 2025 was $423.7 million, a 76% increase compared to Q1 2024, driven by a 38% increase in the realized gold price and a 27% increase in gold ounces sold [20][21] - Adjusted EBITDA for Q1 2025 was $137.9 million, significantly higher than $52.2 million in Q1 2024 [25][48] Corporate Developments - The company entered into a definitive arrangement agreement for a business combination with Calibre Mining, which is expected to close in Q2 2025 [8][13] - Equinox Gold shareholders voted in favor of the Calibre transaction, authorizing the issuance of up to 296,838,303 shares [13] - The company has suspended operations at Los Filos due to unresolved land access agreements, impacting its production guidance for 2025 [12][27] Guidance and Future Outlook - The company provided 2025 production guidance of 635,000 to 750,000 ounces of gold at cash costs of $1,075 to $1,175 per ounce and AISC of $1,455 to $1,550 per ounce [12] - Sustaining and non-sustaining expenditure guidance for 2025 is set at $412 million, with $310 million for sustaining expenditures and $102 million for non-sustaining expenditures [12]

Management's Discussion and Analysis For the three months ended March 31, 2025 (Expressed in United States Dollars, unless otherwise stated) Management's Discussion and Analysis For the three months ended March 31, 2025 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 for the year ended Decembe ...

VANCOUVER, British Columbia, May 06, 2025 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the “Company” or “Calibre”) is pleased to announce that the Supreme Court of British Columbia has granted the final order in connection with the Company’s plan of arrangement (the “Arrangement”) with Equinox Gold Corp. (“Equinox Gold”), whereby Equinox Gold will, among other things, acquire all of the issued and outstanding Calibre shares. Pursuant to the Arrangement, Calibre shareholders will receiv ...

Shares of Equinox Gold (EQX) have gained 4.3% over the past four weeks to close the last trading session at $6.27, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $8.10 indicates a potential upside of 29.2%.The mean estimate comprises eight short-term price targets with a standard deviation of $1.39. While the lowest estimate of $6.66 indicates a 6.2% increase from the current p ...

Core Viewpoint - Equinox Gold shareholders have approved a business combination with Calibre Mining, which includes the issuance of shares and other corporate governance matters [2][3]. Shareholder Meeting Outcomes - All matters voted on at the annual and special meeting were approved, including the share issuance resolution for acquiring Calibre Mining [2]. - A total of 317,252,212 common shares were represented, accounting for 69.56% of the issued and outstanding shares [4]. Share Issuance Resolution - The resolution to approve the issuance of up to 296,838,303 common shares for the acquisition of Calibre received 248,106,211 votes in favor (85.87%) and 40,830,082 votes against (14.13%) [4]. Election of Directors - The election results for director nominees showed strong support, with Mr. Ross Beaty receiving 264,416,155 votes (91.51%) in favor, and other nominees also receiving over 90% support [5]. Appointment of Independent Auditor - KPMG LLP was re-appointed as the auditor for the ensuing year with 315,754,677 votes in favor (99.53%) [6]. Advisory Resolution on Executive Compensation - A non-binding advisory resolution approving the Company's approach to executive compensation received 282,318,906 votes in favor (97.71%) [7]. Transaction Timeline - Following the approval from both Equinox Gold and Calibre shareholders, Calibre will seek a final court order on May 6, 2025, to approve the transaction, which is expected to close by the end of Q2 2025 if all conditions are met [3].

Core Viewpoint - Calibre Mining Corp. has received approval from its shareholders and optionholders for a business combination with Equinox Gold Corp., which will involve Equinox acquiring all outstanding shares of Calibre [1][2]. Group 1: Approval Details - The Arrangement was approved by 75.28% of votes cast by shareholders present at the meeting [2] - A combined vote from shareholders and optionholders resulted in 76.33% approval [2] - Excluding certain votes, 74.87% of shareholders present voted in favor of the Arrangement [2] Group 2: Next Steps - Following the approval, Calibre will seek a final order from the Supreme Court of British Columbia on May 6, 2025 [3] - The completion of the Arrangement is contingent upon receiving necessary regulatory approvals and satisfying customary closing conditions [3] - If all conditions are met, the Arrangement is expected to close by the end of Q2 2025 [3] Group 3: Company Overview - Calibre Mining Corp. is a mid-tier gold producer focused on the Americas, with operations in Canada, the USA, and Nicaragua [4] - The company aims to deliver sustainable value through responsible operations and a disciplined growth approach [4] - Calibre has a strong balance sheet and a proven management team, positioning it for significant value creation [4]

Core Viewpoint - Calibre Mining Corp. has received approval from its shareholders and optionholders for a business combination with Equinox Gold Corp., which will involve Equinox acquiring all outstanding shares of Calibre [1][2]. Group 1: Approval Details - The Arrangement was approved by 75.28% of votes cast by shareholders present at the meeting [2] - A combined vote from shareholders and optionholders resulted in 76.33% approval [2] - Excluding certain votes, 74.87% of shareholders present voted in favor of the Arrangement [2] Group 2: Next Steps - Following the approval, Calibre will seek a final order from the Supreme Court of British Columbia on May 6, 2025 [3] - The completion of the Arrangement is subject to regulatory approvals, including those from Canadian and Mexican authorities, as well as the Toronto Stock Exchange and NYSE American [3] - If all conditions are met, the Arrangement is expected to close by the end of Q2 2025 [3] Group 3: Company Overview - Calibre Mining Corp. is a mid-tier gold producer focused on the Americas, with operations in Canada, the USA, and Nicaragua [4] - The company aims to deliver sustainable value through responsible operations and a disciplined growth approach [4] - Calibre has a strong balance sheet and a proven management team, with significant development and exploration opportunities [4]

Market Overview - Markets experienced significant fluctuations in April, primarily influenced by changing trade news, including new tariffs announced by President Trump, which led to a sharp stock reaction [1] - The S&P 500 has seen five consecutive days of gains but remains down over 1% for the month, with investors now focusing on a week filled with corporate earnings and key economic data such as GDP, inflation, and jobs reports [1] Value Investing - In volatile market conditions, value investing is particularly relevant as value stocks, often trading below their true worth, can provide stability [2] - Investing in solid, undervalued companies is suggested as a safer strategy, with specific stocks highlighted for their high earnings yield [3] Earnings Yield Metric - Earnings yield, calculated as annual earnings per share (EPS) divided by market price, is a useful metric for identifying attractively valued stocks [4] - A higher earnings yield indicates undervaluation compared to stocks with lower yields, which are seen as overpriced [4] Stock Screening Criteria - A primary screening criterion for stock selection is an earnings yield greater than 10%, supplemented by estimated EPS growth for the next 12 months being greater than or equal to the S&P 500 [7] - Additional criteria include an average daily volume of at least 100,000 and a current price of $5 or more [8][9] Stock Recommendations - **Equinox Gold Corp. (EQX)**: A Canadian mining company with a projected earnings growth of 355% and 30.4% for 2025 and 2026, respectively, and a Zacks Rank 1 [10][11] - **NCR Atleos Corp (NATL)**: Provides digital banking solutions with an estimated earnings growth of 24.5% and 22.4% for 2025 and 2026, respectively, also holding a Zacks Rank 1 [12][13] - **AerSale Corp (ASLE)**: Offers aviation products and services with projected earnings growth of 289% and 23% for 2025 and 2026, respectively, and a Zacks Rank 1 [14][15] - **Qifu Technology, Inc. (QFIN)**: An AI-driven Credit-Tech platform with expected earnings growth of 22.4% and 12.12% for 2025 and 2026, respectively, and a Zacks Rank 1 [16][17]

Equinox Gold to Announce First Quarter Financial and Operating Results on May 7, 2025April 28, 2025 7:30 AM EDT | Source: Equinox Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - April 28, 2025) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) will announce its unaudited financial and operating results for the three months ended March 31, 2025 on Wednesday, May 7, 2025, after market close. Equinox Gold will host a conference call and webcast to discuss the results the following mor ...