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This summary was created by AI, based on 14 opinions in the last 12 months.

Equinox Gold (EQX-T) is receiving mixed reviews from analysts, with opinions on its future performance varying based on recent operational developments and gold prices. The company is ramping up production in Ontario while working to pay down its substantial debt, which has been a focal point in recent reviews. Many experts express optimism about the potential for gold prices to reach $3,000, which could significantly enhance the company's financial position. Despite some short-term trading concerns related to its acquisition of CXB and recent operational struggles, a few analysts believe that longer-term prospects remain bright, especially as the company seeks to become a larger player in its industry and gain inclusion in more indexes. Overall, the potential for rising gold prices and operational improvements lead to a cautiously optimistic outlook for EQX.

Consensus
Mixed
Valuation
Undervalued
BUY ON WEAKNESS

In the very near term, may trade off because it's acquiring CXB. Looking out over 1 year, suspects Canadian operations will ramp up and they'll do very well as they generate more free cash. Larger size means likely included in more indexes.

HOLD

It had mixed results over the past few years but is ramping up production in Ontario and paying down its large debt. It could pay off its debt over the next three years at the price of gold even a few months ago at around $2700 which would be good for the stock price. Gold could reach $3000.

HOLD

They've had mixed results in past years. They are, though, ramping up an Ontario project to fill capacity, as they pay down their heavy debt. At $2,800 gold and at full capacity, the company expects to pay down all debt in 3 years. Stick with it. It's expected for gold to keep rising, some saying $3,000.

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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Sep 12/24, Down 6.4%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with EQX has triggered its stop at $7.25.  To remain disciplined, we recommend covering the position at this time.  

premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Sep 12/24, Up 6.3%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with EQX is progressing well.  To remain disciplined, we recommend trailing up the stop (from $6.60) to $7.25 at this time.

premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Sep 12/24, Down 5.9%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with EQX is stagnating.  To remain disciplined we recommend trailing up the stop (from $6.00) to $6.60 at this time.  

PAST TOP PICK
(A Top Pick Oct 12/23, Up 36%)

Recent projects that are not on time very disappointing (market turned out to be correct). Problems with operations elsewhere in the company also a concerned. Investors could see another equity issue - but isn't sure. Company has a lot of debt. Will continue to hold share - believes in management. 

premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

EQX is reiterated as a TOP PICK.  Management updated estimates of its 100% owned Ontario holding, indicating a higher grade of gold yield than previously estimated.  We like that quarterly cash reserves are growing, while debt is reduced.  It trades at 10x earnings and under book value.  We recommend trailing up the stop (from $5.50) to $6.00 at this time, looking to achieve $10.50 -- upside potential of 23%.  Yield 0%  

(Analysts’ price target is $10.33)
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

EQX operates 8 producing gold mines in Brazil, Mexico, Canada and the USA and is enroute to producing 1 million ounces annually.  The company expanded its holding in the Greenstone mine to hold 100% of the asset.  It trades at 14x earnings and under book value.  We recommend setting a stop-loss at $5.50, looking to achieve $10.00 -- upside potential over 35%.  Yield 0%   

(Analysts’ price target is $10.19)
HOLD

Gold's pulled back along with the market correction of the last couple of days. Looking at the chart, steady uptrend of higher lows, quietly working its way higher. At this point, looks like a correction within the trend.

PARTIAL BUY

Owns shares, and is a long term investors in the company. Share prices have been punished due to skepticism on mine build out - but is recovering. Expecting a higher share price if company is able to execute on latest mine prospects. 

STRONG BUY

Their intrinsic value is rising rapidly. The stock is an interesting breakout point, possibly to $13-14. He's bullish the junior gold names and the price of gold.

BUY

Owns shares and has recommend buying in the past. Recent Northern Ontario expansion not in favor with investors. However, weakness is share price presenting a good buying opportunity. Balance sheet will be strained by recent M&A - but new assets are expected to pay off. 

BUY

It is now completing financing which gives it full ownership of a key asset, Lion Mine, which will lower the average cost of production and is in a good jurisdiction. It will be worth 60% of the value of the whole company. The stock is down because of a miss on market expectations and a decrease in production but we can expect more production in the second half. The first gold should be poured this month at the Greenstone mine. National Bank is rating it a buy because their holdings are low risk, being in Ontario. With the rising gold price, gold stocks have a chance to run up.

COMMENT

As the new project comes on line this should bring the operating costs down. With its higher costs this gives it more leverage to increasing gold prices.

Showing 1 to 15 of 54 entries

Equinox Gold(EQX-T) Rating

Ranking : 4 out of 5

Star iconStar iconStar iconStar iconStar empty icon

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 9

Stockchase rating for Equinox Gold is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Equinox Gold(EQX-T) Frequently Asked Questions

What is Equinox Gold stock symbol?

Equinox Gold is a Canadian stock, trading under the symbol EQX-T on the Toronto Stock Exchange (EQX-CT). It is usually referred to as TSX:EQX or EQX-T

Is Equinox Gold a buy or a sell?

In the last year, 9 stock analysts published opinions about EQX-T. 3 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Equinox Gold.

Is Equinox Gold a good investment or a top pick?

Equinox Gold was recommended as a Top Pick by on . Read the latest stock experts ratings for Equinox Gold.

Why is Equinox Gold stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Equinox Gold worth watching?

9 stock analysts on Stockchase covered Equinox Gold In the last year. It is a trending stock that is worth watching.

What is Equinox Gold stock price?

On 2025-04-29, Equinox Gold (EQX-T) stock closed at a price of $9.16.