Equinox Gold (EQX) Achieves Record 2025 Production and Significant Net Debt Reduction

Equinox Gold Corp. (NYSEAMERICAN:EQX) is one of the best Canadian stocks to buy under $20. On February 19, Equinox Gold achieved record production in 2025, delivering 922,000 ounces of gold. The company reduced net debt from $1.4 billion in mid-2025 to just $75 million by the end of January 2026. Furthermore, the company was able to make $681.40 million in Q4 revenue, which was an 18.50% increase year-over-year. The growth was driven by the ramp-up of the Greenstone and Valentine mines. Greenstone saw a ...