Equinox Gold Ord Shs T.EQX

Equinox Gold Reports Third Quarter 2023 Results

[Betteryear2]

Delivers Strongest Third Quarter on Record for Production, Revenue and EBITDA

All financial figures are in US dollars, unless otherwise indicated.

Vancouver, British Columbia--(Newsfile Corp. - October 31, 2023) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") is pleased to announce its third quarter 2023 summary financial and operating results. The Company's unaudited condensed consolidated interim financial statements and related management's discussion and analysis ("MD&A") for the three and nine months ended September 30, 2023 will be available for download on the Company's profile on SEDAR+ at www.sedarplus.ca, on EDGAR at www.sec.gov/edgar and on the Company's website at www.equinoxgold.com. The Company will host a conference call and webcast on November 1, 2023 commencing at 7:30 am PT (10:30 am ET) to discuss third quarter results and activities underway at the Company. Further details are provided at the end of this news release.

Equinox Gold Reports Third Quarter 2023 Financial and Operating Results (newsfilecorp.com)

[brewster123]

Great results!!!  Greenstone on time and on budget!!  Amazing that these results were achieved during COVID.  Share price is way undervalued.

[FastFF]

But they still can't make money

[Horsesmouth2U]

Obviously the Market doesn't believe this 'DOG' is undervalued. Just under 150,000 ounces and they make 2.2 million. I'm laughing all the way to the poor house.

[Gottheblues]

Obviously the market believes EQX is undervalued. Looking forward to Greenstone production next year, greatfully adding now while cheap.

[Horsesmouth2U]

Please share why you say...Obviously  the market believes EQX is undervalued. Where are you getting this information out of the market???? Obvious to me means the stock should have jumped up at least $2 bucks today. Lets see....oh we are back to where we were on October 19th and September 7th before that. The only reason we are even over $6 bucks is that the price of gold is up because

[ppp]

Could be the 18,000,000 onces of PP reserves, plus just about the same in MI. IMO gold will move up, every 10 dollars is 180 mil.  If one wants to play gold expecting higher prices, this is the company to invest in.   

[Horsesmouth2U]

The same applies to every single gold company out there. If gold moves up their reserves are worth more. In the case of EQX that you re referring to 18,000,000 ounces will take 15+ years to mine. Gold moving up helps but Equisnot will need a lot higher gold prices to help the stock.

[ppp]

I agree, Because EQX is a high cost producer it will stagnate at these gold prices. However in a rising gold price environment it will outperform most other companies because of the low MC per once of reserves. I am here because I think the gold price is going to increase. 

[Gottheblues]

Been too long in the gold sector too believe in increasing gold price... FED in Co with Crimex and big banks wont let spot price stay above $2000 IMO. I'm long in EQX for two reasons: expected lower costs and much higher income next year. If Crimex let spot price stay above $1900, it should be enough for EQX to outperform H2 next year and so on.