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0.000712250712250697 -0.000356125356125412 0.0032051282051282 -0.000712250712250697 -0.0024928774928775 0.0133760683760683 0.00747863247863251 0.00178062678062681
Stock impact report

Equinox Gold (EQX) to Sell Brazil Assets, Stifel Keeps Buy Rating [Yahoo! Finance]

Equinox Gold Corp. Common Shares (EQX) 
Company Research Source: Yahoo! Finance
Corp. (NYSEAMERICAN:EQX) announced that it has entered into an agreement to divest its 100% interest in the Aurizona Mine, RDM Mine, and the Bahia Complex in Brazil for $1.015 billion to a subsidiary of the CMOC Group. The transaction is expected to close in the first quarter of 2026. According to the report, Equinox Gold Corp. (NYSEAMERICAN:EQX) sees this sale as an important move towards becoming a gold producer focused in North America, supported by strong cash flow and a tier-one growth profile. The company plans to use the proceeds to significantly improve its balance sheet and strengthen its financial position. The deal will also allow Equinox Gold Corp. (NYSEAMERICAN:EQX) to focus on longer-life, lower-cost assets in tier-one jurisdictions. On December 15, Stifel reaffirmed its Buy rating on Equinox Gold Corp. (NYSEAMERICAN:EQX) with a C$24 price target. The firm noted that the deal values the Brazil assets at about 0.6 times risk-adjusted net asset value based on its estim Show less Read more
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