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Equinox Gold to Sell Brazilian Mines to CMOC Subsidiary in US$1.015 Billion Deal

Story Highlights
  • Equinox Gold agreed on December 14, 2025 to sell its Brazilian Aurizona, RDM and Bahia mines to a CMOC Group subsidiary for up to US$1.015 billion.
  • The deal brings Equinox Gold US$900 million upfront plus up to US$115 million contingent, reshaping its portfolio and strengthening its balance sheet pending 2026 closing.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Equinox Gold to Sell Brazilian Mines to CMOC Subsidiary in US$1.015 Billion Deal

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Equinox Gold ( (TSE:EQX) ) has shared an update.

On December 14, 2025, Equinox Gold announced it had agreed to sell its 100% interests in the Aurizona Mine, RDM Mine and Bahia Complex in Brazil to a subsidiary of CMOC Group for total consideration of up to US$1.015 billion. The transaction, structured as a sale of shares in non-Brazilian subsidiaries that indirectly hold the Brazilian operations, will provide Equinox Gold with US$900 million in upfront cash at closing, expected in the first quarter of 2026 subject to regulatory approvals and customary conditions, plus a contingent production-linked payment of up to US$115 million one year after closing if specified production thresholds are met. The deal represents a significant portfolio rationalization and capital-raising move, potentially reshaping Equinox Gold’s geographic exposure and balance sheet while transferring its Brazilian operating assets to CMOC Group’s control.

The most recent analyst rating on (TSE:EQX) stock is a Buy with a C$24.00 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 Outperform.

Equinox Gold’s overall stock score is driven by strong technical indicators and positive corporate events, indicating a promising growth trajectory. However, the high P/E ratio suggests potential overvaluation, and profitability metrics need improvement. The company’s robust operational performance and strategic initiatives, such as debt reduction and asset sales, contribute positively to its outlook.

To see Spark’s full report on TSE:EQX stock, click here.

More about Equinox Gold

Equinox Gold Corp. is a Canada-based gold mining company headquartered in Vancouver, British Columbia, with operations and development projects in the Americas. The company focuses on producing and developing gold mines, aiming to optimize its portfolio of assets and capital allocation across jurisdictions to enhance shareholder value and operational efficiency.

YTD Price Performance: 155.48%

Average Trading Volume: 2,588,427

Technical Sentiment Signal: Buy

Current Market Cap: C$15.36B

Find detailed analytics on EQX stock on TipRanks’ Stock Analysis page.

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