EQX trades at a dirt-cheap valuation, as growth plans and a key merger set the stage for a bullish 2025.
EQX sees AISC jump 6% to $2,065 per ounce in Q1, with cost headwinds in Brazil and Canada offsetting strong revenue growth.
A rising gold price does not guarantee outperformance for operationally weak miners; quality matters more than deep value contrarian bets. Equinox Gold's valuation discount relative to peers like Agnico Eagle and Alamos Gold is justified by its weaker operational performance and riskier jurisdictions. Key metrics—such as jurisdiction quality, cash flow, balance sheet, and reserve life—favor sector leaders over Equinox, which faces higher risk exposure.
Equinox Gold Corporation (NYSE:EQX ) Q1 2025 Earnings Conference Call May 8, 2025 10:30 AM ET Company Participants Rhylin Bailie - VP, IR Greg Smith - President & CEO Doug Reddy - COO Peter Hardie - CFO Scott Heffernan - EVP, Exploration Conference Call Participants Wayne Lam - TD Securities Anita Soni - CIBC World Market Jeremy Hoy - Canaccord Genuity Operator Welcome to the Equinox Gold First Quarter 2025 Results and Corporate Update. As a reminder, all participants are in listen only mode and the conference is being recorded.
The consensus price target hints at a 29.2% upside potential for Equinox Gold (EQX). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
EQX, MNSB and VCISY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 25, 2025.
Here is how Equinox Gold (EQX) and B2Gold (BTG) have performed compared to their sector so far this year.
Equinox Gold and Calibre Mining have agreed to merge in a deal valued at $7.7 billion CAD, according to Ross Beaty, Chair of Equinox Gold. The transaction aims to create one of the largest gold producers in the Americas.
On Sunday, Equinox Gold EQX announced an all-stock deal to acquire Calibre Mining CXBMF, valued at $1.8 billion, creating Canada's second-largest gold producer.
Equinox Gold Corp. (NYSE:EQX ) Q4 2024 Earnings Conference Call February 20, 2025 10:30 AM ET Company Participants Rhylin Bailie - Vice President, Investor Relations Greg Smith - President and CEO Doug Reddy - Chief Operating Officer Peter Hardie - Chief Financial Officer Scott Heffernan - Executive Vice President, Exploration Conference Call Participants Anita Soni - CIBC World Market Wayne Lam - TD Securities John Tumazos - John Tumazos Very Independent Research Operator Thank you for standing by. This is the conference operator.
Equinox Gold is setting its sights on further growth and strategic acquisitions after a year of record production, according to Chairman Ross Beaty.