Equinox Gold Corp's stock rose by 5.20% as it crossed above the 5-day SMA, reflecting positive investor sentiment.
The company reported a record gold production of 922,827 ounces in 2025, exceeding its guidance range and showcasing the effectiveness of its expanded portfolio. Additionally, cash and equivalents increased by 24% quarter-over-quarter to $430 million, despite significant tax settlements and debt repayments, indicating robust cash flow growth. The Valentine mine's early commercial production is expected to further boost annual output in 2026.
These strong results not only highlight Equinox Gold's operational success but also position the company favorably for future growth, with anticipated capital expenditures aimed at enhancing production capabilities and strengthening the balance sheet.
Wall Street analysts forecast EQX stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for EQX is 15.89 USD with a low forecast of 13.68 USD and a high forecast of 18.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
Wall Street analysts forecast EQX stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for EQX is 15.89 USD with a low forecast of 13.68 USD and a high forecast of 18.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Buy
1 Hold
0 Sell
Strong Buy
Current: 17.120
Low
13.68
Averages
15.89
High
18.00
Current: 17.120
Low
13.68
Averages
15.89
High
18.00
BMO Capital
Kevin O'Halloran
Outperform
maintain
$20 -> $26
2026-01-27
New
Reason
BMO Capital
Kevin O'Halloran
Price Target
$20 -> $26
AI Analysis
2026-01-27
New
maintain
Outperform
Reason
BMO Capital analyst Kevin O'Halloran raised the firm's price target on Equinox Gold to C$26 from C$20 and keeps an Outperform rating on the shares.
Scotiabank
NULL
to
Outperform
maintain
$19 -> $26
2026-01-26
New
Reason
Scotiabank
Price Target
$19 -> $26
2026-01-26
New
maintain
NULL
to
Outperform
Reason
Scotiabank raised the firm's price target on Equinox Gold to C$26 from C$19 and keeps an Outperform rating on the shares.
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Stifel
Ingrid Rico
Buy
maintain
$24 -> $25
2026-01-26
New
Reason
Stifel
Ingrid Rico
Price Target
$24 -> $25
2026-01-26
New
maintain
Buy
Reason
Stifel analyst Ingrid Rico raised the firm's price target on Equinox Gold to C$25 from C$24 and keeps a Buy rating on the shares.
Canaccord
Jeremy Hoy
Buy
maintain
$26
2026-01-23
Reason
Canaccord
Jeremy Hoy
Price Target
$26
2026-01-23
maintain
Buy
Reason
Canaccord analyst Jeremy Hoy raised the firm's price target on Equinox Gold to C$26 from C$23.50 and keeps a Buy rating on the shares.
About EQX
Equinox Gold Corp. is a Canadian mining company. It is focused on the gold operations in Canada and across the Americas, and a pipeline of development and expansion projects. Its operating mines include Greenstone, Valentine, Mesquite, Nicaragua Ops: Libertad; Nicaragua Ops: Limon. Its growth projects include Castle Mountain Phase 2, and Los Filos Expansion. Greenstone is a multi-million-ounce gold project located in the top-tier mining jurisdiction of Ontario, Canada, approximately 275 km northeast of Thunder Bay in Geraldton, Ontario. Mesquite is an open pit, run-of-mine heap leach gold mine located in Imperial County, California, United States of America, approximately 200 miles south of its Castle Mountain Mine, 16 miles west of the state border with Arizona and 24 miles north of the border with Mexico. Libertad Mine and Mill is located approximately 110 km east of the capital of Managua. The Limon Mine & Mill is located in western Nicaragua.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
