Equinox Gold Stock Price, News & Analysis

Equinox Gold Corp. (TSX: EQX) will unveil its unaudited financial and operational results for Q3 2021 on November 3, 2021, after market close. This announcement will cover the three and nine months ending on September 30, 2021. Following the results, a live conference call and webcast are scheduled for November 4, 2021, at 7:00 am PT (10:00 am ET) to discuss the findings.

For details, the toll-free U.S. and Canada number is 1-800-319-4610, while international callers can reach +1 604-638-5340.

Metalla Royalty & Streaming Ltd. (MTA) has closed the acquisition of a 5% net smelter return royalty on the South Domes portion of the Castle Mountain Gold mine owned by Equinox Gold Corp. (EQX) on October 1, 2021. The transaction involved an upfront payment of $10 million, with an additional $5 million payable within twenty months at a 4% interest rate. Metalla also completed a C$3 million drawdown under its convertible loan facility with Beedie Capital, which will be used to fund part of the acquisition. This strategic move aims to enhance Metalla's portfolio and shareholder value.

Equinox Gold Corp. (TSX: EQX) announces a successful Pre-Feasibility Study (PFS) for its Aurizona Gold Mine in Brazil, projecting an average annual production of 137,000 oz over an 11-year mine life and a peak production exceeding 160,000 oz from 2026 to 2029. The PFS indicates a 73% increase in Proven & Probable Mineral Reserves to 1.7 million oz of gold. The after-tax NPV5% of the project is $314 million at $1,500/oz gold. Initial capital costs are estimated at $154 million, with significant growth potential expected through ongoing exploration.

Equinox Gold Corp. announced updated Mineral Reserve and Resource estimates for its gold mines in California and Brazil, reflecting significant exploration drilling completed in 2020. At the Mesquite mine, Measured and Indicated Mineral Resources increased by 65% to 1,384,000 oz of gold, while Inferred Resources rose 30% to 912,000 oz. Fazenda's Mineral Reserves remain stable at 315,000 oz, despite a 31-month mining depletion. The Riacho Dos Machados mine showed a 30% decrease in Mineral Reserves due to depletion. Upcoming technical reports and prefeasibility studies are also in progress.

Equinox Gold Corp. (EQX) reported strong second quarter 2021 results, producing 122,656 ounces of gold and achieving a net income of $325.7 million, or $1.10 per share. The company saw cash costs of $1,089 per ounce and all-in sustaining costs of $1,382 per ounce. Despite disruptions at Los Filos due to illegal blockades, production is expected to rise in H2 2021 with better costs. The acquisition of Premier Gold Mines bolstered operations, and guidance for production has been updated to 560,000-625,000 ounces for the year.

Equinox Gold Corp. (NYSE American: EQX) announced the removal of a community blockade at its Los Filos Mine in Mexico, allowing the company to resume regular operations. This resolution is expected to enhance production and operational stability at the mine, which is a significant asset for the company. Resuming full operations may positively influence both output and financial performance moving forward.

Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) announces the removal of a union blockade at its Los Filos Mine in Mexico, allowing operations to resume. While access to the mine is restored, some members of the Xochipala community remain encamped near the open pits, hindering activities in specific areas. The company is in talks with government and community representatives to resolve these disruptions.

Equinox Gold Corp. (TSX: EQX) will release its unaudited financial and operating results for the second quarter of 2021 on August 4, 2021. The company will conduct a live conference call and webcast on August 5, 2021, at 7:00 am PT (10:00 am ET), allowing analysts and investors to engage with the executive team. This event is crucial for stakeholders to gain insights into the company's performance and future outlook. The webcast will be available on the company's website until February 5, 2022.

Equinox Gold Corp. (EQX) has commenced mining operations at its Santa Luz Gold Mine in Brazil, with plans to start gold production in Q1 2022. The company is on track for commissioning in Q4 2021, aiming for an annual output of 110,000 ounces of gold for the first five years. As of June 2021, approximately $31 million has been spent of the $103 million budget, with significant construction milestones achieved, including the installation of the ball mill. The project is 41% complete, with engineering and procurement nearly finalized.