Equinox Gold (TSE:EQX)
TSX:EQX
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Earnings Data
Report Date
Aug 05, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.15Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call was broadly positive: management reported strong production, robust adjusted EBITDA ($527M), solid net income ($310M), substantial deleveraging (repayment of $990M of debt), improved liquidity (nearly $1B available) and meaningful ramp progress at Greenstone and Valentine (throughput up 6% at Greenstone and post‑shutdown mill at Valentine running at 124% of nameplate). Notable operational challenges were weather‑related impacts, early ramp selectivity and grade reconciliation issues (especially at Valentine and localized turnover at Greenstone), and near‑term capital demands (e.g., Greenstone shear key ~ $80M). Overall, the positives — financial strength, cash generation, liquidity and clear project execution plans — materially outweigh the operational ramp and weather headwinds, which management characterized as addressable.Company Guidance
Strong Production and Operational Metrics
Produced 197,000 ounces of gold in Q1 2026; Canadian operations contributed over 87,000 ounces (~44% of quarterly production). Cash costs of $1,633/oz and AISC of $1,950/oz.
Excellent Financial Results and Cash Generation
Sold >199,000 ounces at a realized price of ~$4,600/oz, generating $527 million of adjusted EBITDA, net income from operations of $310 million ($0.39/share) and adjusted net income of $234 million ($0.30/share).
Balance Sheet Strength and Deleveraging
Ended the quarter with $363 million cash and net debt of ~ $80 million (excl. in‑the‑money convertibles), repaid $990 million of debt and completed sale of Brazilian assets; as of April 30 the company had nearly $1 billion in available liquidity.
Capital Allocation and Shareholder Returns
Initiated a share buyback, paid inaugural dividend and declared a second quarterly dividend of $0.01/share, signaling commitment to returning capital to shareholders.
Canadian Ramp Progress (Greenstone and Valentine)
Greenstone produced just over 60,000 oz; mining rates averaged 180k tpd and mill throughput averaged 24.6k tpd (a 6% increase over Q4). Days exceeding nameplate at Greenstone rose to 51% from 36% in Q4 (a 15 percentage-point increase). Valentine completed its first full quarter producing >27,000 oz and the mill averaged 8,488 tpd (124% of nameplate) since a planned April shutdown.
Safety and Environmental Performance
No material environmental events reported and a 25% reduction in reportable injury frequency rate quarter-over-quarter.
Project and Pipeline Progress
Advancing Phase 2 at Valentine (pre-commitment of long-lead items and detailed engineering), Castle Mountain engineering and permitting on track for a federal Record of Decision before year end, and constructive progress at Los Filos with two of three community access agreements ratified.
Liquidity and Financing Improvements
Refinanced revolving credit facility on improved terms after deleveraging, enhancing liquidity, flexibility and cost of capital; nearly $1 billion available liquidity as of April 30.
TSE:EQX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:EQX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | C$19.58 | C$19.65 | +0.36% |
Nov 05, 2025 | C$14.93 | C$16.08 | +7.76% |
Nov 05, 2025 | C$14.93 | C$16.08 | +7.76% |
Aug 13, 2025 | C$9.37 | C$10.79 | +15.13% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Equinox Gold (TSE:EQX) report earnings?
Equinox Gold (TSE:EQX) is schdueled to report earning on Aug 05, 2026, Before Open (Confirmed).
What is Equinox Gold (TSE:EQX) earnings time?
Equinox Gold (TSE:EQX) earnings time is at Aug 05, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:EQX EPS forecast?
Currently, no data Available