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Equinox Gold Price Target Lifted to $12.00 from $11.00 at National Bank of Canada

BY MT Newswires | ECONOMIC | 08/15/25 11:48 AM EDT

11:48 AM EDT, 08/15/2025 (MT Newswires) -- National Bank of Canada maintained its outperform rating on the shares of Equinox Gold (EQX) while raising its price target to $12.00 from $11.00 following the miner's better than expected second-quarter results.

"Overall, with the positive progress on mining and throughput rate at Greenstone and the delivery on the cost front, the company has positioned itself to generate positive FCF into H2/25 and 2026," the bank said.

"Management's priorities are focused on delivering on its commitments, operational excellence, advancing high-quality organic growth, rationalizing the portfolio and disciplined capital allocation," the bank added.

Price: 10.97, Change: +0.17, Percent Change: +1.57

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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