TSE:EQX

Equinox Gold (EQX.TO)

13.82
-0.00 (0.00%)
as of Jun 30, 2026, 8:00:00 pm Market Open.
204 watching
0
Investor Insights
star iconJun 30, 2026, 12:00 am

This summary was created by AI, based on 4 opinions in the last 12 months.

Equinox Gold (EQX) is navigating a challenging near-term outlook influenced by recent market activity and gold price predictions. Experts caution about potential selling pressure from ORLA shareholders following the recent merger, suggesting that short-term dynamics are likely to be choppy. However, the long-term perspective is optimistic, as the merger positions EQX as a significant player in the Canadian gold production market. The company's balance sheet shows improvement, and its execution will be critical to capitalizing on future production potential. While there may be episodic rewards for investors, patience is encouraged as the market undergoes consolidation before embarking on a new bull phase, where intermediate and smaller companies could find new opportunities.

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Consensus
Cautious
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Valuation
Fair Value
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AEM
Unspecified
He likes gold in general. Equinox has consolidated after months of of downturn, same as gold itself. If it breaks out it could double. Gold needs to break out too - $2000 would be good.
HOLD
Humbling. Aggressive growth profile. Highest torque to gold prices. Gold is stagnant, production has come off, costs rising, lower grade production, weather impact in Brazil. Lower USD benefits gold price. Boom around the corner. Ontario project doing well. Keep.
PAST TOP PICK
(A Top Pick May 22/22, Down 40%) Gold sector highly impacted with rising interest rates. Expensive mine in Northern Canada creating difficulties. Operating problems in West Mexico have been addressed. Cost creep across portfolio causing headache. Still confident in stock. Current share price presenting buying opportunity.
DON'T BUY
If gold continues lower, we could see a bit more weakness, but he doesn't think this one's going to zero. You'd have to look at its cost of production. If the USD comes off, gold could go up a bit, but he wouldn't be stepping into gold right now.
Unspecified
Can't predict where gold goes from here but at least it hasn't really gone down. Equinox will have a more active second half - there was a shortfall in first half production. Two other major gold companies had massive cost overruns which has affected thee price of Equinox. However their budgets were set before inflationary pressures. Equinox set its budget after inflation became an issue so it is standing by its numbers. It is a prove-it-to-me story.
TOP PICK
Premier consolidator in the space. Likes the gold space. Likes management, whose skills mitigate downside risk. Sold off because of cost overruns at other Canadian construction projects. Will weather the storm and go materially higher. Within striking distance of 1M ounces of annual production. No dividend. (Analysts’ price target is $12.18)
PAST TOP PICK
(A Top Pick May 17/21, Down 36%) It did not have good quarterly results. Production was lighter than expected but this should be temporary in nature. There are also cost concerns since other companies (two in particular) are showing big cost over-runs with inflation. However Equinox announced its capital expenditure after inflation had already started to appear so it is already factored in. There is insider buying by the CEO, President, COO and Investor Relations.
BUY
He thinks the takeout of PG is great. He holds both to benefit from long-term effects of inflation. EQX is well run, a buy, with a $12 price target.
PAST TOP PICK
(A Top Pick Nov 21/20, Down 37%) Fastest growth profile compared to peers.Talked to CEO recently. They are are a consolidator and thinking long term. The Green Stone project is very interesting - when up and running it will be the fourth largest gold project in Canada, Down 37% from Past Pick but one project shutdown has weighed on it. May buy more.
PAST TOP PICK
(A Top Pick Nov 16/20, Down 24%) He liked that they had such a strong growth profile. They are still able to grow their production.
BUY ON WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Has missed on most the 3 most recent results. The company has also had to temporarily suspend activities in a mine in Mexico but also announced positive news at their Brazil mine. Has solid cash balance, increasing equity position, low debt and good liquidity. A good price to enter. Unlock Premium - Try 5i Free

BUY
It is in the sweet spot, a cost profile with room for improvement and mines across 4 politically stable jurisdictions. It is his favourite gold stock in the sector.
TOP PICK
The opportunities are right for improvement. Seven operating mines over politically stable jurisdictions. It has the fastest growth profile over 3 years and yet it has one of the biggest discounts. The reason is because so much of their assets are tied up in future-dated projects. The opportunity is that 3 of 4 development projects are teed up to come on line over the next three years. As they reach milestones it will dissipate the discount on their share price. (Analysts’ price target is $17.89)
TOP PICK
Really good entry point. $14 price target. Very well executing company. No dividend. (Analysts’ price target is $18.33)
TOP PICK

It is the only publically traded gold producers that has the following: It is in the sweet spot in terms of size as a mid-tier, it has a cost structure that has room for improvement, it has multiple producing assets all in politically stable jurisdictions, it offers fully funded growth projects, it has high insider ownership at 8.5%, and it has proven leadership. It just announced acquisition of Premier Gold. It trades at a discount. (Analysts’ price target is $22.75)

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