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Stock impact report

Analysts Are Betting On Equinox Gold Corp. (TSE:EQX) With A Big Upgrade This Week [Yahoo! Finance]

Equinox Gold Corp. Common Shares (EQX) 
Company Research Source: Yahoo! Finance
The consensus estimated revenue numbers rose, with their view now clearly much more bullish on the company's business prospects. Following the upgrade, the current consensus from Equinox Gold's six analysts is for revenues of US$1.7b in 2024 which - if met - would reflect a sizeable 52% increase on its sales over the past 12 months. Prior to the latest estimates, the analysts were forecasting revenues of US$1.4b in 2024. The consensus has definitely become more optimistic, showing a very substantial lift in revenue forecasts. See our latest analysis for Equinox Gold The consensus price target rose 10% to US$7.18, with the analysts clearly more optimistic about Equinox Gold's prospects following this update. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on Equin Show less Read more
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