# Equinox Gold Corp. (EQX)

**Exchange:** NYSE  
**Sector:** Basic Materials  
**Market cap:** $6.45B  
**Price:** $10.24 (+5.24%)

> Equinox Gold Corp. is a growth-focused gold mining company headquartered in Vancouver, Canada. It operates a portfolio of mines across the Americas, including key assets in Canada such as Greenstone and the recently ramped-up Valentine Mine, Mesquite in the USA, Los Filos in Mexico, and Aurizona in Brazil. The company recently sold its Brazilian mines to streamline its portfolio toward higher-return, long-life assets. Equinox Gold Corp. maintains one of the largest gold endowments among peers, with substantial Proven and Probable Reserves, Measured and Indicated Resources, and Inferred Resources. Its operations span exploration, development, and production of gold properties, positioning it as a premier Americas gold producer. The company focuses on advancing its pipeline of projects to support ongoing gold production from these diverse geographic segments.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.82B | $642M | $432M | $221M | $0.35 |
| 2024 | $1.51B | $304M | $238M | $339M | $0.75 |
| 2023 | $1.09B | $109M | $36M | $29M | $0.09 |
| 2022 | $952M | $85M | $10M | -$106M | $-0.35 |
| 2021 | $1.08B | $231M | $146M | $555M | $1.69 |
| 2020 | $845M | $290M | $167M | $22M | $0.09 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $10.54B | $4.74B | $5.80B | $407M | $1.45B |
| 2024 | $6.71B | $3.32B | $3.40B | $239M | $1.27B |
| 2023 | $4.35B | $1.91B | $2.44B | $192M | $807M |
| 2022 | $3.86B | $1.50B | $2.35B | $201M | $842M |
| 2021 | $3.97B | $1.38B | $2.59B | $305M | $541M |
| 2020 | $2.67B | $1.22B | $1.45B | $345M | $542M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $795M | — | $126M |
| 2024 | $302M | — | -$40M |
| 2023 | $393M | — | -$165M |
| 2022 | $2M | -$557M | -$501M |
| 2021 | $756M | -$344M | -$23M |
| 2020 | $235M | -$175M | $81M |

Source: [CompaniesByCap](https://companiesbycap.com/company/EQX)