Scotiabank Has Negative View of Equinox Gold FY2026 Earnings

Equinox Gold Corp. (TSE:EQX) – Research analysts at Scotiabank cut their FY2026 earnings estimates for Equinox Gold in a note issued to investors on Thursday, March 19th. Scotiabank analyst O. Habib now forecasts that the company will post earnings of $1.65 per share for the year, down from their prior estimate of $1.75. The consensus estimate for Equinox Gold’s current full-year earnings is $1.39 per share.

A number of other research analysts have also commented on the company. Stifel Nicolaus increased their price objective on Equinox Gold from C$25.00 to C$31.00 in a research report on Tuesday, February 10th. Cormark cut their price target on Equinox Gold from C$22.50 to C$21.00 in a research note on Tuesday, December 16th. National Bank Financial raised their price target on Equinox Gold from C$25.00 to C$26.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Royal Bank Of Canada lifted their price objective on Equinox Gold from C$19.00 to C$25.00 in a research report on Wednesday, December 10th. Finally, TD Securities boosted their price objective on Equinox Gold from C$21.00 to C$26.00 in a report on Thursday, January 22nd. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of C$25.86.

Equinox Gold Stock Performance

EQX stock opened at C$17.30 on Monday. The company has a 50 day moving average price of C$21.43 and a 200 day moving average price of C$18.76. Equinox Gold has a fifty-two week low of C$7.71 and a fifty-two week high of C$25.87. The company has a debt-to-equity ratio of 32.94, a current ratio of 1.56 and a quick ratio of 1.31. The stock has a market capitalization of C$13.64 billion, a PE ratio of 49.43 and a beta of 2.44.

Equinox Gold (TSE:EQX) last released its quarterly earnings results on Wednesday, February 18th. The company reported C$0.48 EPS for the quarter. Equinox Gold had a net margin of 9.71% and a return on equity of 4.68%.

Equinox Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 26th will be issued a $0.015 dividend. This represents a $0.06 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Thursday, March 12th.

Equinox Gold Company Profile

Equinox Gold Corp is a Canadian-based gold mining company engaged in the exploration, development and production of gold assets across the Americas. The company focuses on operating and advancing assets that can deliver sustainable gold production through modern mining methods and responsible environmental practices.

Equinox Gold’s operating portfolio includes the Los Filos mine in Mexico, the Mesquite and Castle Mountain mines in California, and the Aurizona mine in Brazil. These assets employ a combination of heap‐leach and carbon‐in‐leach processing techniques to produce gold doré, while ongoing exploration programs seek to expand mineral reserves and extend mine life at each site.

Since its formation, Equinox Gold has grown through strategic acquisitions and organic project development, building a pipeline of development‐stage and advanced exploration properties across North and South America.