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EQX's Gold Production Jumps: Will the Momentum Continue Into H2?
Equinox GoldEquinox Gold(US:EQX) ZACKS·2025-06-25 12:51

Core Insights - Equinox Gold Corp. (EQX) achieved a record gold production of 145,290 ounces in Q1, marking a 30% increase from 111,725 ounces in the same quarter last year, driven by the ramp-up at Greenstone [1][6] - For the full year 2025, EQX expects consolidated gold production between 785,000 and 915,000 ounces, excluding the suspended Los Filos mine and the Valentine mine, which is set to start production in Q3 2025 [2][6] - The company anticipates improved production in the second half of 2025 despite current milling grades and throughput at Greenstone being below expectations [2] Company Performance - EQX's year-to-date stock performance has increased by 16.1%, while the Zacks Mining – Gold industry has risen by 56.6% [5] - The forward 12-month earnings multiple for EQX is 7.78, which is approximately 42.5% lower than the industry average of 13.52 [7] - The Zacks Consensus Estimate indicates a significant year-over-year earnings rise of 135% for 2025 and 123.4% for 2026, although EPS estimates have been trending lower over the past 60 days [8]