Equinox Gold (EQX) to Release Quarterly Earnings on Wednesday

Equinox Gold (TSE:EQX) will be posting its quarterly earnings results after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of C($0.09) per share for the quarter.

Equinox Gold (TSE:EQX) last announced its quarterly earnings data on Wednesday, February 21st. The company reported C$0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of C($0.04) by C$0.05. The company had revenue of C$405.46 million during the quarter. Equinox Gold had a net margin of 2.65% and a return on equity of 1.21%.

Equinox Gold Stock Performance

TSE:EQX opened at C$7.45 on Wednesday. The company has a debt-to-equity ratio of 41.06, a current ratio of 1.74 and a quick ratio of 1.31. The firm has a market capitalization of C$2.41 billion, a price-to-earnings ratio of 62.08 and a beta of 0.93. The company’s 50-day moving average is C$7.24 and its two-hundred day moving average is C$6.68. Equinox Gold has a 1-year low of C$5.36 and a 1-year high of C$8.79.

Wall Street Analysts Forecast Growth

EQX has been the topic of a number of research reports. Desjardins upgraded shares of Equinox Gold from a “hold” rating to a “buy” rating in a report on Tuesday, January 30th. National Bank Financial upgraded shares of Equinox Gold from a “sector perform spec overwgt” rating to an “outperform overweight” rating in a research note on Friday, April 26th.

Equinox Gold Company Profile

Equinox Gold Corp. engages in the exploration, acquisition, development, and operation of mineral properties in the Americas. It explores gold and silver deposits. It holds interest in properties in California located in the United States; Guerrero State located in Mexico; Maranhão, Bahia, and Mina Gerais state located in Brazil; and Ontario, Canada.