As Equinox Gold prepares to release its next earnings report on August 5, 2026, investors are curious whether the company will continue its trend of exceeding earnings estimates.
Equinox Gold Corp (EQX.TO) is set to report its earnings for the fiscal period ending June 30, 2026, after market close. Investors are keenly observing how the company will perform against estimates, especially following its recent business combination with Orla Mining, which positions it as a significant player in the North American gold production landscape.
Recent earnings trend
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Equinox Gold Corp
EQX.TO
EQX.TO
Equinox Gold Corp
WealthAwesomeMarket cap
$22.26B
P/E
21.2x
Div. yield
0.16%
Div. / share
$0.03
52W high
$25.76
52W low
$11.13
1W change
+21.66%
Beta
2.40
Analyst Price Targets
Based on analyst covering EQX
Wall Street analysts forecast EQX stock price to rise 24.3% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$24.02
+24.3% Upside
Current Price
C$19.33
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on EQX's historical volatility
30-Day Vol
61.1%
Annualized
90-Day Vol
63.4%
Annualized
Trend (90d)
+11.7%
Annualized drift
90d Mean
C$20.15
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$19.60 | C$15.87 โ C$24.20 |
| 60 trading days | C$19.87 | C$14.75 โ C$26.78 |
| 90 trading days | C$20.15 | C$13.98 โ C$29.04 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Analyst coverage: 4 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 3 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-05 | โ | 0.1600 | โ |
| 2026-03-31 | 2026-05-07 | 0.2300 | 0.2900 | -20.7% |
| 2025-12-31 | 2026-02-17 | 0.3400 | 0.2200 | +54.5% |
| 2025-09-30 | 2025-11-06 | 0.1900 | 0.1200 | +58.3% |
| 2025-06-30 | 2025-08-13 | 0.1100 | 0.0200 | +450.0% |
| 2025-03-31 | 2025-05-06 | -0.0800 | 0.1100 | -172.7% |
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Investor takeaway: With a consensus EPS estimate of $0.16 and a history of beating estimates in three of the last four quarters, Equinox Gold has set the stage for potential upside, especially given its ambitious growth plans post-merger with Orla Mining.
EPS Estimate: $0.16
Equinox Gold's EPS estimate of $0.16 reflects a significant year-over-year growth of 136.8% from $0.11, indicating strong operational performance if achieved.
Bull case
The recent merger with Orla Mining is expected to significantly boost Equinox Gold's production capabilities. The company is projected to produce over 1.1 million ounces of gold annually, with a clear path to more than 1.9 million ounces. This growth could lead to improved revenue and profit margins, making the upcoming earnings report a crucial moment for the company's valuation.
Bear case
Despite the potential for growth, there are concerns about recent downward revisions in EPS estimates, dropping from $0.29 to $0.26. This suggests a possible slowdown in momentum, and if the company fails to meet even these lowered expectations, it could negatively impact investor sentiment.
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