Equinox Gold Corp.

TSX:EQX Stock Report

Market Cap: CA$11.6b

Equinox Gold Past Earnings Performance

Past criteria checks 0/6

Equinox Gold has been growing earnings at an average annual rate of 1.5%, while the Metals and Mining industry saw earnings growing at 15.3% annually. Revenues have been growing at an average rate of 14.8% per year.

Key information

1.52%

Earnings growth rate

-3.95%

EPS growth rate

Metals and Mining Industry Growth27.39%
Revenue growth rate14.78%
Return on equity-0.44%
Net Margin-1.21%
Next Earnings Update05 Nov 2025

Recent past performance updates

Equinox Gold's (TSE:EQX) Earnings Are Weaker Than They Seem

Feb 28
Equinox Gold's (TSE:EQX) Earnings Are Weaker Than They Seem

Recent updates

Market Might Still Lack Some Conviction On Equinox Gold Corp. (TSE:EQX) Even After 29% Share Price Boost

Aug 15
Market Might Still Lack Some Conviction On Equinox Gold Corp. (TSE:EQX) Even After 29% Share Price Boost

Revenues Working Against Equinox Gold Corp.'s (TSE:EQX) Share Price

Jun 18
Revenues Working Against Equinox Gold Corp.'s (TSE:EQX) Share Price
User avatar

Greenstone Ramp-Up And Castle Mountain Expansion Will Transform Gold Operations By 2025

Greenstone, Piaba, and Castle Mountain projects set to enhance gold output, boost revenues, and strengthen earnings.

Equinox Gold's (TSE:EQX) Earnings Are Weaker Than They Seem

Feb 28
Equinox Gold's (TSE:EQX) Earnings Are Weaker Than They Seem

Further Upside For Equinox Gold Corp. (TSE:EQX) Shares Could Introduce Price Risks After 27% Bounce

Feb 04
Further Upside For Equinox Gold Corp. (TSE:EQX) Shares Could Introduce Price Risks After 27% Bounce

Take Care Before Diving Into The Deep End On Equinox Gold Corp. (TSE:EQX)

Dec 09
Take Care Before Diving Into The Deep End On Equinox Gold Corp. (TSE:EQX)

Analysts Have Made A Financial Statement On Equinox Gold Corp.'s (TSE:EQX) Third-Quarter Report

Nov 09
Analysts Have Made A Financial Statement On Equinox Gold Corp.'s (TSE:EQX) Third-Quarter Report

Revenue & Expenses Breakdown

How Equinox Gold makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:EQX Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 251,906-23730
31 Mar 251,697307680
31 Dec 241,514339650
30 Sep 241,237315620
30 Jun 241,093317620
31 Mar 241,095-31630
31 Dec 231,08829580
30 Sep 231,05048620
30 Jun 231,01015630
31 Mar 23963-69620
31 Dec 22952-106650
30 Sep 221,074-20660
30 Jun 221,0742670
31 Mar 221,076485710
31 Dec 211,082555660
30 Sep 21957537640
30 Jun 21956548550
31 Mar 2194567470
31 Dec 2084522460
30 Sep 20709-77430
30 Jun 20556-73380
31 Mar 20376-5320
31 Dec 19282-18290
30 Sep 19193-35280
30 Jun 19101-51290
31 Mar 1966-42280
31 Dec 1830-38290
30 Sep 180-37260
30 Jun 180-34250
31 Mar 18-3-20240
31 Dec 170-13190
30 Sep 17111110
30 Jun 1711570
31 Mar 173230
31 Dec 161-220
30 Sep 160-320
30 Jun 160-430
31 Mar 160-550
31 Dec 150-550
30 Sep 150-660
30 Jun 150-550
31 Mar 150-440

Quality Earnings: EQX is currently unprofitable.

Growing Profit Margin: EQX is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: EQX is unprofitable, but has reduced losses over the past 5 years at a rate of 1.5% per year.

Accelerating Growth: Unable to compare EQX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EQX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (38.5%).


Return on Equity

High ROE: EQX has a negative Return on Equity (-0.44%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/04 12:18
End of Day Share Price 2025/11/04 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Equinox Gold Corp. is covered by 23 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kevin O'HalloranBMO Capital Markets Equity Research
Dalton BarettoCanaccord Genuity
Jeremy HoyCanaccord Genuity