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Equinox Gold ( (TSE:EQX) ) has provided an announcement.
Equinox Gold has announced the achievement of commercial production at its Valentine Gold Mine in Newfoundland & Labrador, Canada, marking a significant milestone in its Canadian operations. The mine is expected to reach its full production capacity by Q2 2026, with plans to potentially double its mill throughput in the future, enhancing the company’s production capabilities and market position.
The most recent analyst rating on (TSE:EQX) stock is a Hold with a C$16.00 price target. To see the full list of analyst forecasts on Equinox Gold stock, see the TSE:EQX Stock Forecast page.
Spark’s Take on TSE:EQX Stock
According to Spark, TipRanks’ AI Analyst, TSE:EQX is a Neutral.
Equinox Gold’s overall stock score is driven by strong financial performance and positive earnings call highlights, including record production and strategic asset sales. However, the high P/E ratio and overbought technical indicators suggest caution. The company’s high all-in sustaining costs and deleveraging challenges also weigh on the score.
To see Spark’s full report on TSE:EQX stock, click here.
More about Equinox Gold
Equinox Gold is a Canadian mining company focused on growth through high-quality, long-life gold operations in Canada and the Americas. The company has a diversified portfolio and a pipeline of development and expansion projects, aiming for operational excellence and long-term value creation.
Average Trading Volume: 2,738,146
Technical Sentiment Signal: Buy
Current Market Cap: C$14.01B
Learn more about EQX stock on TipRanks’ Stock Analysis page.