Will a Strong Third Quarter Shift Equinox Gold's (TSX:EQX) Trajectory Despite YTD Profit Lag?
Equinox Gold Corp. reported strong third quarter 2025 results with sales of US$819.01 million and net income of US$85.58 million, surpassing last year's figures. However, year-to-date net income remains below the previous year despite sales exceeding US$1.72 billion. The company faces challenges with ore grades at key mines, impacting future growth. The first gold pour at the Valentine Gold Mine is a significant milestone for production targets. Analysts project a fair value of CA$20.98 for the stock, indicating a potential 40% upside, but concerns over ore grades persist.
Simplywall·