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Equinox Gold Corp. - EQX STOCK NEWS

Welcome to our dedicated page for Equinox Gold news (Ticker: EQX), a resource for investors and traders seeking the latest updates and insights on Equinox Gold stock.

Equinox Gold Corp. (TSX: EQX, NYSE: EQX) is a growth-focused Canadian mining company that operates primarily in North and South America. The company's core business involves the operation, acquisition, exploration, and development of mineral properties, with a strong focus on gold mining. Equinox Gold currently operates seven gold mines and is actively commissioning an eighth mine, with a clear path to surpassing one million ounces of annual gold production.

Equinox Gold's diverse portfolio includes assets in Brazil, California, and other regions in North and South America. The company is notably advancing its Aurizona Project in Brazil, aiming to commence gold production by the end of 2018. Simultaneously, it is conducting a pre-feasibility study at its Castle Mountain Project in California with the objective of restarting production.

Recent achievements include the acquisition of the remaining 40% stake in the Greenstone Mine, consolidating full ownership of this world-class asset in Ontario, Canada. The Greenstone Mine is expected to be Equinox Gold's largest and lowest-cost producer, with an annual production forecast of approximately 400,000 ounces of gold for the first five years. The first gold pour at Greenstone was successfully achieved in May 2024, marking a significant milestone towards reaching commercial production in the third quarter of 2024.

Financially, Equinox Gold is in a robust position, having recently closed a

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Equinox Gold successfully completes a bought deal financing, raising US$299 million through the issuance of common shares. The financing will be used to acquire the remaining 40% of the Greenstone Mine and for general corporate purposes.
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Equinox Gold Corp. will release its unaudited first quarter financial results on May 8, 2024, followed by a conference call and webcast on May 9 to discuss the results. The annual meeting of shareholders will also take place on May 9, with both in-person and online attendance options available.
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Equinox Gold Corp. consolidates ownership of the Greenstone Gold Mine in Ontario, Canada by acquiring Orion's 40% interest for $995 million, funding the transaction with a term loan and equity financing. This acquisition increases production, enhances exploration potential, and is expected to be highly accretive to EBITDA and cash flow.
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Equinox Gold Corp. provides an update on the commissioning progress at its Greenstone Project in Ontario, Canada, a 60/40 partnership with Orion Mine Finance Group. The project aims to be one of Canada's largest gold mines, with an annual production target of 400,000 ounces for the first five years and over five million ounces over a 14-year mine life. The first gold pour is expected in May, with commercial production planned for Q3 2024. The project has reached significant milestones, with hiring on track and equipment functioning as expected.
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Equinox Gold Corp. reports a geotechnical event at its Aurizona mine due to heavy rains in Brazil, causing a displacement of material in the Piaba pit. Mining paused for safety measures, but gold production continues. The Company plans to accelerate mining at the Tatajuba pit to offset production impact.
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Equinox Gold Corp. announces its annual general meeting of shareholders to be held on May 9, 2024, with an online option for participation. Shareholders can submit questions in advance for the meeting.
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Equinox Gold Corp. announces an agreement with noteholders to extend the maturity dates of its convertible notes, providing enhanced financial flexibility for advancing the Greenstone Gold Mine project.
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Equinox Gold Corp. (EQX) releases its audited financial results for Q4 and fiscal year 2023, reporting strong production and low cash costs. The company plans to produce 660,000 to 750,000 ounces of gold in 2024 with favorable cost projections.
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Equinox Gold Corp. to Release Q4 and Fiscal Year 2023 Results and 2024 Guidance
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Equinox Gold Corp. (EQX) reported its strongest production quarter for the year, with 155,000 ounces of gold produced in Q4 2023 and achieved total production of 564,500 ounces of gold in 2023. The company ended the year with approximately $192 million in cash and equivalents. President & CEO Greg Smith commented on the strong fourth quarter results and the company's continued progress on the Greenstone project.
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FAQ

What is the current stock price of Equinox Gold (EQX)?

The current stock price of Equinox Gold (EQX) is $5.17 as of November 15, 2024.

What is the market cap of Equinox Gold (EQX)?

The market cap of Equinox Gold (EQX) is approximately 2.4B.

What is Equinox Gold Corp. primarily focused on?

Equinox Gold Corp. is primarily focused on the operation, acquisition, exploration, and development of mineral properties, with an emphasis on gold mining.

How many gold mines does Equinox Gold operate?

Equinox Gold currently operates seven gold mines and is in the process of commissioning an eighth mine.

What is significant about the Greenstone Mine?

The Greenstone Mine, located in Ontario, Canada, is expected to be Equinox Gold's largest and lowest-cost producer, with a forecasted annual production of approximately 400,000 ounces of gold for the first five years.

What recent acquisition has Equinox Gold completed?

Equinox Gold recently acquired the remaining 40% stake in the Greenstone Mine from Orion Mine Finance, consolidating full ownership of the asset.

How much did Equinox Gold raise in its recent public offering?

Equinox Gold is focused on sustainable and responsible mining practices, as well as supporting community health and education.

Equinox Gold Corp.

NYSE:EQX

EQX Rankings

EQX Stock Data

2.38B
455.40M
6.02%
62.11%
2.58%
Gold
Basic Materials
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United States of America
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