Companies /Basic Materials

Equinox Gold Corp

NYSE MKT: EQX Gold

EQX at a Glance

Valuation
Market cap
$13.4B
P/E ratio
24.0
Dividend yield
0.27%
Profitability
Revenue (TTM)
$2.9B
Profit margin
28.1%
EPS (TTM)
$0.48
Price
52-week range
$8 – $19
Street target
$15.84
Earnings
Next report
Nov 9, 2026

Headquartered in Vancouver, BC Fiscal year ends December NYSE MKT: EQX equinoxgold.com

About Equinox Gold

Equinox Gold Corp. is an Americas-focused gold producer that operates, acquires, explores and develops gold properties. All of its mines are 100% owned, and its shares trade on the TSX and NYSE American under the symbol EQX.

Operating mines at September 30, 2026:
- Greenstone (Ontario): an open-pit mine with a 9.8 Mtpa carbon-in-pulp plant, in late-stage ramp-up.
- Musselwhite (Ontario): a fly-in, fly-out underground mine with about 1.5 Mtpa capacity.
- Valentine (Newfoundland and Labrador): a 2.5 Mtpa CIL mine that reached commercial production in late 2025.
- La Libertad and El Limon (Nicaragua): a hub-and-spoke complex with 2.7 Mtpa combined milling capacity.
- Camino Rojo (Zacatecas, Mexico): an oxide heap-leach mine.
- Mesquite (California): a run-of-mine heap-leach mine.
- Castle Mountain (California): currently in residual leaching.

Development pipeline:
- South Railroad (Nevada): received its federal Record of Decision in August 2026 and targets first gold in the first half of 2028.
- Valentine Phase 2: expansion to 5.0 Mtpa, approved in August 2026.
- Castle Mountain Expansion: a FAST-41 project with an investment decision expected in 2027.
- Camino Rojo Underground: pre-feasibility study expected in 2027.
- Los Filos (Guerrero, Mexico): preparing a gradual heap-leach restart after signing 20-year land access agreements in June 2026.

Recent portfolio changes:
- In January 2026 the company sold its Brazil Operations (Aurizona, Bahia Complex, RDM).
- On July 31, 2026 it acquired Orla Mining in an all-share transaction, adding Musselwhite, Camino Rojo and South Railroad.
- Jason Simpson, formerly Orla's CEO, became President & CEO after Darren Hall retired on October 31, 2026.

The company sells gold mainly at spot. It also delivers ounces under a stream arrangement, gold prepay transactions (including those assumed from Orla) and a gold purchase and sale arrangement. Updated

Latest Activity

EQXEquinox Gold
Q3 2026
EPS
$0.19
est $0.18+7.4%
Revenue
$1.05B
est $1.03B+1.7%

The Orla Mining deal is already paying: a year-ago $1.28 billion net debt position has flipped to net cash. Management also lifted 2026 production guidance and raised the dividend.

Quarterly EPS — reported vs estimate

EQX Coverage

Frequently Asked Questions

What does Equinox Gold do?

Equinox Gold Corp. is an Americas-focused gold producer that operates, acquires, explores and develops gold properties. All of its mines are 100% owned, and its shares trade on the TSX and NYSE American under the symbol EQX.

What is the EQX stock price target?

The Wall Street consensus 12-month price target for EQX is $15.84.