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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.
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.
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.
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.
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
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.
Equinox Gold was recommended as a Top Pick by on . Read the latest stock experts ratings for Equinox Gold.
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.
9 stock analysts on Stockchase covered Equinox Gold In the last year. It is a trending stock that is worth watching.
On 2025-04-29, Equinox Gold (EQX-T) stock closed at a price of $9.16.
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.