Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Equinox Gold ( (TSE:EQX) ) just unveiled an update.
Equinox Gold has updated its 2025 production and cost guidance following its business combination with Calibre Mining Corp. and slower-than-expected ramp-up at its Greenstone Gold Mine in Ontario. The company anticipates producing 785,000 to 915,000 ounces of gold in 2025, with total cash costs ranging from $1,400 to $1,500 per ounce and all-in sustaining costs between $1,800 and $1,900 per ounce. The integration with Calibre and operational challenges at Greenstone are key focuses, with efforts underway to improve mining rates and access higher-grade ore zones. The company is also progressing well with its Valentine project in Newfoundland, expecting first gold by the end of Q3 2025.
The most recent analyst rating on (TSE:EQX) stock is a Hold with a C$9.50 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 scores well due to its strong financial performance and positive technical indicators, indicating a solid foundation and potential for growth. The strategic merger and record production levels contribute positively, though challenges like the Los Filos suspension and nonrecurring financial charges pose risks.
To see Spark’s full report on TSE:EQX stock, click here.
More about Equinox Gold
Equinox Gold Corp. is a mining company operating in the gold industry, primarily focused on the production and exploration of gold. The company is involved in various mining projects across different regions, including Canada, Brazil, and Nicaragua, and is expanding its operations through business combinations, such as with Calibre Mining Corp.
Average Trading Volume: 1,685,071
Technical Sentiment Signal: Buy
Current Market Cap: C$4.31B
For an in-depth examination of EQX stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue