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Equinox Gold hits record revenue, shifts to net cash, and targets 1M+ oz annual gold production.

Company Fundamentals
13 Nov 2026, 14:44 WIB
Seeking Alpha
View Source
Bullish
Equinox Gold hits record revenue, shifts to net cash, and targets 1M+ oz annual gold production.

Equinox Gold Corp. has evolved into a leading North American gold miner through strategic acquisitions and divestitures. Its Q3 results show record revenue and improved margins driven by lower-cost assets, alongside a significant financial turnaround from $1.28 billion net debt to $164 million net cash. The company now aims to produce over 1 million ounces of gold annually, with potential to reach 2 million ounces as new projects develop. Despite operational gains and a 50% dividend increase, Equinox Gold shares trade at a discount compared to peers, supporting a Buy rating.

Following Equinox Gold's strategic growth and financial turnaround, its shares are currently trading at USD 10.44 on Pluang, up 0.97% as of Nov 13, 2026 20:01 WIB. The stock holds a market cap of $12.36 billion and shows a dividend yield of 0.73%, with a balanced order flow of 54% Buy and 46% Sell. Investors typically hold this stock for about 19 days on the platform.

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