Equinox Gold/$EQX
1D1W1MYTD1Y5YMAX
Capital at risk
About Equinox Gold
Equinox Gold Corp is a mining company engaged in the operation, acquisition, exploration, and development of mineral properties, with a focus on gold. The company operates gold mines and a clear plan to increase production by advancing the pipeline of growth projects. Geographically, the company operates in the Canada, United States, Mexico, and others. The majority of its revenue is generated from Canada.
- Ticker
- $EQX
- Sector
- Materials
- Primary listing
- AMEX
- Employees
- 3,692
- Headquarters
- Vancouver, Canada
- Website
- www.equinoxgold.com
Equinox Gold Metrics
BasicAdvanced
$14B
12.11
$0.98
2.40
$0.05
0.76%
Price and volume
Market cap
$14B
Beta
2.4
52-week high
$18.96
52-week low
$8.49
Average daily volume
14M
Dividend rate
$0.05
Financial strength
Current ratio
1.33
Quick ratio
0.718
Long term debt to equity
0.117
Total debt to equity
0.132
Dividend payout ratio (TTM)
2.91%
Interest coverage (TTM)
8.04%
Profitability
EBITDA (TTM)
1,689.365
Gross margin (TTM)
57.60%
Net profit margin (TTM)
28.09%
Operating margin (TTM)
36.85%
Effective tax rate (TTM)
39.65%
Revenue per employee (TTM)
$780,000
Management effectiveness
Return on assets (TTM)
6.74%
Return on equity (TTM)
8.47%
Valuation
Price to earnings (TTM)
12.11
Price to revenue (TTM)
3.216
Price to book
2.05
Price to tangible book (TTM)
2.05
Price to free cash flow (TTM)
52.024
Free cash flow yield (TTM)
1.92%
Free cash flow per share (TTM)
0.228
Dividend yield (TTM)
0.44%
Forward dividend yield
0.76%
Growth
Revenue change (TTM)
203.80%
Earnings per share change (TTM)
-2,051.29%
3-year revenue growth (CAGR)
42.08%
3-year earnings per share growth (CAGR)
170.66%
10-year earnings per share growth (CAGR)
-5.36%
What the Analysts think about Equinox Gold
Analyst ratings (Buy, Hold, Sell) for Equinox Gold stock.
Analyst projections of the future price of Equinox Gold stock.
Bulls say / Bears say
The completed Orla Mining merger lifts Equinox towards senior-producer scale, with pro-forma 2026 production of about 1.1 million ounces and 2026 guidance of 870,000–920,000 ounces. Management expects the larger Canadian-led portfolio to deliver more production and cash flow in the second half of 2026. (Equinox Gold)
The balance sheet has improved sharply: Equinox repaid almost $990 million of debt in the first quarter, while second-quarter cash flow before working-capital changes was $272 million. That financial flexibility supported a 50% dividend increase and leaves more capacity to fund growth without relying solely on new equity. (Equinox Gold, Equinox Gold)
Valentine Phase 2 gives Equinox a funded organic growth project rather than relying only on acquisitions. The planned $436 million expansion is expected to lift processing capacity to about 5.0 million tonnes a year and average annual production to roughly 223,000 ounces, with completion targeted for late 2028. (Equinox Gold)
Equinox’s cost outlook remains profitable at current gold prices, with 2026 cash costs guided at $1,600–$1,700 per ounce and AISC at $1,900–$2,000 per ounce. However, second-quarter AISC was $2,175 per ounce and the company revised asset guidance for higher fuel prices, leaving less margin for operational or commodity-price disappointments. (Equinox Gold)
The main Canadian mines still have execution issues to prove. Greenstone reported recoveries of about 80% amid higher arsenopyrite, while Valentine has faced grade-reconciliation and selectivity challenges that could limit output or raise unit costs during the ramp-up. (The Motley Fool)
Equinox is committing substantial capital while several growth projects remain dependent on construction, permitting and restart execution. Its 2026 growth-capital budget is $600–$650 million, Valentine Phase 2 is a $436 million project, and Los Filos restart production is not included in 2026 guidance. (Equinox Gold, Equinox Gold)
Data summarised monthly by Lightyear AI. Last updated on 15 Sept 2026.
Equinox Gold Financial Performance
Revenues and expenses
Equinox Gold Earnings Performance
Company profitability
Upcoming events
No upcoming events
Equinox Gold News
AllArticlesVideos
Funds containing Equinox Gold
AllEURGBPUSD
Fund name | Fund size | $EQX weighting |
|---|---|---|
L&G Gold Mining€AUCO | €807M | 2.41% |
L&G Gold Mining£AUCP | £693M | 2.41% |
iShares Gold Producers$IAUP | $4.7B | 1.04% |
iShares Gold Producers£SPGP | £3.5B | 1.04% |
SPDR MSCI World Materials€WMAT | €198M | 0.43% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.


