Equinox Gold Corp.

TSX:EQX Stock Report

Market Cap: CA$12.7b

Equinox Gold Future Growth

Future criteria checks 4/6

Equinox Gold is forecast to grow earnings and revenue by 40.5% and 10.4% per annum respectively. EPS is expected to grow by 41.5% per annum. Return on equity is forecast to be 12.7% in 3 years.

Key information

40.5%

Earnings growth rate

41.51%

EPS growth rate

Metals and Mining earnings growth24.0%
Revenue growth rate10.4%
Future return on equity12.70%
Analyst coverage

Good

Last updated13 Oct 2025

Recent future growth updates

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

Earnings and Revenue Growth Forecasts

TSX:EQX - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20273,5261,2321,1791,6906
12/31/20263,6977031,1001,6135
12/31/20252,5562851828875
6/30/20251,906-23166575N/A
3/31/20251,6973078409N/A
12/31/20241,514339-40372N/A
9/30/20241,237315-204250N/A
6/30/20241,093317-298180N/A
3/31/20241,095-31-267233N/A
12/31/20231,08829-165358N/A
9/30/20231,05048-248278N/A
6/30/20231,01015-267263N/A
3/31/2023963-69-345216N/A
12/31/2022952-106-50156N/A
9/30/20221,074-20-359166N/A
6/30/20221,0742-268177N/A
3/31/20221,076485-223225N/A
12/31/20211,082555-74321N/A
9/30/2021957537-85255N/A
6/30/2021956548-57259N/A
3/31/202194567120332N/A
12/31/20208452281256N/A
9/30/2020709-7767205N/A
6/30/2020556-7359174N/A
3/31/2020376-5-3068N/A
12/31/2019282-18-3860N/A
9/30/2019193-35-10021N/A
6/30/2019101-51-140-20N/A
3/31/201966-42N/A-14N/A
12/31/201830-38N/A-23N/A
9/30/2018N/A-37N/A-30N/A
6/30/2018N/A-34N/A-36N/A
3/31/2018-3-20N/A-39N/A
12/31/2017N/A-13N/A-28N/A
9/30/2017111N/A-27N/A
6/30/2017115N/A-19N/A
3/31/201732N/A-9N/A
12/31/20161-2N/A-7N/A
9/30/2016N/A-3N/A-1N/A
6/30/2016N/A-4N/A-3N/A
3/31/2016N/A-5N/A-4N/A
12/31/2015N/A-5N/A-5N/A
9/30/2015N/A-6N/A-5N/A
6/30/2015N/A-5N/A-4N/A
3/31/2015N/A-4N/A-3N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: EQX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).

Earnings vs Market: EQX is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: EQX is expected to become profitable in the next 3 years.

Revenue vs Market: EQX's revenue (10.4% per year) is forecast to grow faster than the Canadian market (4.9% per year).

High Growth Revenue: EQX's revenue (10.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: EQX's Return on Equity is forecast to be low in 3 years time (12.7%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/15 03:34
End of Day Share Price 2025/10/15 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. 6 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