Equinox Gold

Greenstone Ramp-Up Will Accelerate Secular Global Gold Demand

AnalystHighTarget

Not Invested

Community Contributor

Published

17 Aug 25

Updated

16 Dec 25

Views

n/a

AnalystHighTarget's Fair Value

n/a

157.9%

-3.3%

157.9%

-3.3%

You can edit this narrative until Dec 17 11:10 PM. Then, changes will post as Updates.

Author's Valuation

CA$27.9731.4% undervalued

AnalystHighTarget Fair Value

Narrative

Updates1

Shared on 16 Dec 25

Fair value Increased 64%

EQX Will Benefit From Outperformance Upgrades And Stronger Medium-Term Profitability

The analyst price target for Equinox Gold has been raised sharply from approximately C$17 to about C$28 per share, as analysts point to stronger expected profitability and recent upgrades to Outperform, which support a higher valuation multiple despite slightly more conservative growth assumptions. Analyst Commentary Bullish analysts have turned increasingly positive on Equinox Gold as recent operational progress and a stronger gold price backdrop have improved confidence in the company’s medium term outlook.

AnalystHighTarget Fair Value

CA$27.97

31.4% undervalued

Future estimation in

Growth p.a.

Decrease

Increase

Current revenue growth rate

11.30%

Metals and Mining revenue growth rate

18.18%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

7.53%

Calculation

US$3.27b

Earnings '28

7.42x

PE Ratio '28

US$24.30b

Market Cap '28

US$24.30b

Market Cap '28

961.38m

No. shares '28

US$25.28

Share Price '28

US$25.28 Share Price '28

Discounted to 2025 @ 7.52% p.a.

US$20.33

Fair Value '25

US$20.33 Fair Value '25

Converted to CAD @ 1.3771 USD/CAD Exchange Rate

CA$28.00

Fair Value '25