Equinox Gold (ASE) ( (EQX) ) has released its Q2 earnings. Here is a breakdown of the information Equinox Gold (ASE) presented to its investors.
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Equinox Gold Corp., a Canadian mining company, is focused on high-quality gold operations across the Americas and is guided by a seasoned leadership team aiming for long-term value creation.
In its second quarter of 2025, Equinox Gold reported solid financial and operational results, highlighted by increased mining and processing rates at its Greenstone project. The company is poised for significant growth in the third quarter with contributions from newly acquired Calibre assets and the startup of the Valentine Gold Mine.
Key financial metrics for Q2 2025 include a production of 219,122 ounces of gold, total cash costs of $1,478 per ounce, and an all-in sustaining cost of $1,959 per ounce. The company reported a net income of $23.8 million and adjusted EBITDA of $200.5 million. Additionally, Equinox Gold closed its acquisition of Calibre Mining Corp., enhancing its production capabilities.
The company is optimistic about the second half of 2025, expecting to meet its full-year production guidance of 785,000 to 915,000 ounces. The focus remains on operational excellence and disciplined capital allocation to drive growth and maximize shareholder returns.
Looking ahead, Equinox Gold is set to continue its growth trajectory with planned ramp-ups and new project developments, aiming to strengthen its position as a top-tier gold producer.