Latest news with #EquinoxGoldCorp
Yahoo
08-05-2025
- Business
- Yahoo
Equinox Gold: Q1 Earnings Snapshot
VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Equinox Gold Corp. (EQX) on Wednesday reported a loss of $75.5 million in its first quarter. On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 17 cents. Losses, adjusted for non-recurring costs, came to 8 cents per share. The gold miner posted revenue of $423.7 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on EQX at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
San Francisco Chronicle
08-05-2025
- Business
- San Francisco Chronicle
Equinox Gold: Q1 Earnings Snapshot
VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Equinox Gold Corp. (EQX) on Wednesday reported a loss of $75.5 million in its first quarter. On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 17 cents. Losses, adjusted for non-recurring costs, came to 8 cents per share. The gold miner posted revenue of $423.7 million in the period.
Washington Post
08-05-2025
- Business
- Washington Post
Equinox Gold: Q1 Earnings Snapshot
VANCOUVER, British Columbia — VANCOUVER, British Columbia — Equinox Gold Corp. (EQX) on Wednesday reported a loss of $75.5 million in its first quarter. On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 17 cents. Losses, adjusted for non-recurring costs, came to 8 cents per share.
Yahoo
07-05-2025
- Business
- Yahoo
Equinox Gold Corp. (EQX): Among Billionaire John Paulson's Stocks with Huge Upside Potential
We recently published a list of Billionaire John Paulson's 10 Stocks with Huge Upside Potential. In this article, we are going to take a look at where Equinox Gold Corp. (NYSEAMERICAN:EQX) stands against Billionaire John Paulson's other stocks with huge upside potential. John Alfred Paulson is an American billionaire hedge fund manager who founded Paulson & Co. in 1994. It is a New York-based fund management firm that specializes in private equity and hedge funds. Paulson graduated as valedictorian of his class with a summa cum laude distinction in finance from NYU's College of Business and Public Administration in 1978. He also pursued an MBA at Harvard Business School as a George F. Baker Scholar, which is a prestigious recognition awarded to the top 5% of his class. It's supported by the Sidney J. Weinberg/Goldman Sachs scholarship, which he earned in 1980. With a client base of 20, the firm's latest 13F filing for Q4 2024 revealed ~$1.65 billion in managed 13F securities and a top 10 holdings concentration of 98.55%. The firm is known for its expertise in event-driven arbitrage strategies, such as merger arbitrage, bankruptcy reorganizations, and other corporate events. Paulson & Co. also pursues investments in distressed debt opportunities throughout the US and Western Europe, with the help of its strategic insights and extensive market experience. John Paulson is now also bullish on gold after 15 years and expects its price to reach ~$5,000 per ounce by 2028. He is the largest shareholder in Perpetua Resources. On April 29, Reuters reported that in a recent interview, Paulson reinforced that his conviction in gold is underpinned by the analysis of central bank buying trends and rising global trade tensions. He highlighted the inclination of central banks and individuals to seek stable stores of value now and suggested that gold will therefore enhance its global standing. Paulson believes that the Western confiscation of Russia's foreign reserve holdings following the Ukraine invasion is one of the reasons behind the anticipated appreciation of gold prices. Our Methodology To compile the list of billionaire John Paulson's 10 stocks with huge upside potential, we sifted through Q4 2024 13F filings of Paulson & Co. from Insider Monkey. From these filings, we checked each stock's upside potential from CNN and ranked the stocks in ascending order of this upside potential. We have also added Paulson & Co.'s stake in each company and the hedge fund sentiment around each stock. Note: All data was sourced on May 2. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
Yahoo
06-05-2025
- Business
- Yahoo
Why Equinox Gold Corp. (EQX) Soared on Monday
We recently published a list of Why These 10 Firms Soared on Monday. In this article, we are going to take a look at where Equinox Gold Corp. (NYSEAmerican:EQX) stands against other Monday's best performers. The stock market kicked off the trading week on a negative note as investors sold off on a new round of uncertainties from President Donald Trump's tariff policies. The Nasdaq fell by 0.74 percent, while the S&P 500 dropped 0.64 percent and the Dow Jones was down by 0.24 percent. Over the weekend, Trump told reporters that the US was negotiating with many countries, 'but at the end of this, I'll set my own deals — because I set the deal, they don't set the deal.' He added that he had no intentions to talk with Chinese President Xi Jinping, dampening hopes of a potential negotiation between the two of the world's largest economies. Beyond the major indices, 10 companies stood out with strong gains amid a flurry of fresh developments. In this article, we name Monday's 10 best performers and detail the reasons behind their gains. To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5-million trading volume. Why Equinox Gold Corp. (EQX) Soared on Monday Aerial view of a large-scale gold mine, showing the extent of the company's operations. Equinox Gold Corp. (NYSEAmerican:EQX) Equinox Gold rallied by 3.99 percent on Monday to end at $6.52 each in line with the surge in gold prices and ahead of the release of its earnings performance on Wednesday, May 7. According to the company, it is scheduled to announce the results of its operations after market close on Wednesday, followed by a conference call to elaborate on the highlights at 10:30 AM ET on Thursday, May 8. Meanwhile, Equinox Gold Corp. (NYSEAmerican:EQX) surged in line with higher gold prices, which as of this writing were up by 2.76 percent at $3,329.86 per ounce. In recent news, shareholders of Calibre Mining Corp. gave their green light for the company's planned $1.8-billion merger with Equinox Gold Corp. (NYSEAmerican:EQX). Under the transaction, Equinox Gold Corp. (NYSEAmerican:EQX) will acquire all of Calibre's issued and outstanding shares. Following the approval, Calibre will now seek a final order from the Supreme Court of British Columbia to approve the arrangement at a hearing expected to be held on Wednesday, May 6. Overall, EQX ranks 6th on our list of Monday's best performers. While we acknowledge the potential of EQX as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than EQX but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
