Equinox Gold Stock Price, News & Analysis

Equinox Gold Corp. (EQX) reported its Q1 2022 financial and operational results, highlighting a gold production of 117,452 ounces and sales of 119,324 ounces at an average price of $1,862 per ounce. The company experienced a net loss of $19.8 million, contrasting with a net income of $109 million in Q4 2021. Adjusted EBITDA dropped to $43.4 million. Significant activities include the first gold pour at the Santa Luz mine and advancement in Greenstone project construction. Cash and equivalents reached $151.2 million, while net debt increased to $385.1 million. A conference call is scheduled for May 4, 2022.

Equinox Gold Corp. announced positive 2021 exploration drill results from the Bahia Belt in Brazil, which hosts its Fazenda and Santa Luz gold mines. Significant gold mineralization was discovered at multiple targets, particularly at Canto 2 near Fazenda, where high-grade intersections were recorded. The company has expanded its exploration area to nearly 1,300 square kilometers and plans over 70,000 meters of drilling in 2022. Results include notable grades such as 69.0 g/t Au over 3.5 m at Canto 2, indicating potential for resource growth and mine life extension.

Equinox Gold Corp. (NYSE: EQX) has successfully completed the sale of its Mercedes Mine in Mexico to Bear Creek Mining Corporation for US$75 million. The deal includes a deferred cash payment of US$25 million due within six months, a 2% net smelter return on Mercedes production, and 24.73 million shares of Bear Creek Mining. CEO Christian Milau expressed gratitude to the Mercedes team and highlighted their significant shareholding in Bear Creek Mining, indicating a positive outlook for the future development of Bear Creek's Corani silver-lead-zinc deposit.

Equinox Gold (TSX: EQX) announced it will reveal its unaudited first quarter financial results on May 3, 2022, after market close. A conference call will follow on May 4, 2022, at 7:30 am PT for discussions on the results. Additionally, Equinox Gold will hold its annual meeting of shareholders on the same day at 1:30 pm PT via webcast. The Chairman, Ross Beaty, will provide a business strategy update at 1:40 pm PT.

Equinox Gold Corp. (TSX: EQX) has successfully poured its first gold at the new Santa Luz Mine in Brazil. This achievement follows a timely and on-budget construction with no lost-time injuries. The mine is projected to produce between 70,000 and 90,000 ounces of gold in 2022, with an expected annual capacity of 100,000 ounces. Additionally, operations at the RDM Mine resumed on March 14, 2022, after a temporary suspension. Equinox Gold is also advancing its Greenstone project in Ontario, targeting first gold pour in H1 2024.

Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) will hold its annual and special meeting of shareholders on May 4, 2022, at 1:30 pm Vancouver time via live webcast. A corporate update will follow at 1:40 pm to discuss business strategy and objectives. Shareholders can participate online and submit questions in advance. To promote sustainability, meeting materials are available electronically instead of printed copies. Additionally, the Company has filed its Annual Information Form and Annual Report on Form 40-F for the year ended December 31, 2021.

Equinox Gold Corp. (TSX: EQX) has announced the filing of its audited financial statements for the year ending December 31, 2021. This includes comprehensive management's discussion and analysis, which are now accessible on the Company's website, SEDAR, and EDGAR. The filing marks a significant step in Equinox's financial transparency and aligns with regulatory requirements.

Equinox Gold Corp. (EQX) reported strong financial results for 2021, achieving a total gold production of 602,110 ounces, up 26% from 2020. The company generated over $1 billion in revenue, marking key milestones including the production of its millionth ounce of gold. Cash flow from operations reached $264.1 million, while net income soared to $556.8 million. Major developments included the acquisition of Premier Gold, adding over 3 million ounces of gold reserves. The company expects to produce 625,000 to 710,000 ounces of gold in 2022, with increasing focus on growth projects and exploration.