Equinox Gold Corp. (TSE:EQX) Announces Dividend Increase – $0.02 Per Share

Equinox Gold Corp. (TSE:EQX) declared a quarterly dividend on Wednesday, August 19th, TickerTech Dividends reports. Investors of record on Wednesday, September 2nd will be given a dividend of 0.0225 per share on Wednesday, September 2nd. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Wednesday, August 19th. This is a 50.0% increase from Equinox Gold’s previous quarterly dividend of $0.01.

Equinox Gold Stock Performance

EQX stock opened at C$16.10 on Monday. Equinox Gold has a 1-year low of C$10.46 and a 1-year high of C$25.87. The company has a debt-to-equity ratio of 9.15, a current ratio of 1.33 and a quick ratio of 1.31. The company has a market capitalization of C$18.80 billion, a price-to-earnings ratio of 14.91 and a beta of 3.07. The business has a 50 day simple moving average of C$14.07 and a two-hundred day simple moving average of C$17.96.

Equinox Gold (TSE:EQX) last announced its quarterly earnings data on Wednesday, August 5th. The company reported C$0.21 earnings per share (EPS) for the quarter. The business had revenue of C$1.09 billion during the quarter. Equinox Gold had a net margin of 26.36% and a return on equity of 13.85%. Research analysts anticipate that Equinox Gold will post 1.3865979 EPS for the current fiscal year.

Insider Buying and Selling at Equinox Gold

In other Equinox Gold news, insider Daniella Elena Dimitrov acquired 7,000 shares of the company’s stock in a transaction on Friday, June 12th. The stock was acquired at an average cost of C$14.40 per share, with a total value of C$100,800.00. Following the purchase, the insider directly owned 109,199 shares of the company’s stock, valued at approximately C$1,572,465.60. This represents a 6.85% increase in their position. Also, insider Ryan King bought 3,000 shares of Equinox Gold stock in a transaction dated Friday, May 22nd. The stock was acquired at an average price of C$16.96 per share, for a total transaction of C$50,880.00. Following the completion of the acquisition, the insider owned 324,062 shares in the company, valued at approximately C$5,496,091.52. The trade was a 0.93% increase in their ownership of the stock. 6.40% of the stock is owned by company insiders.

About Equinox Gold

Equinox Gold Corp is a Canadian-based gold mining company engaged in the exploration, development and production of gold assets across the Americas. The company focuses on operating and advancing assets that can deliver sustainable gold production through modern mining methods and responsible environmental practices.

Equinox Gold’s operating portfolio includes the Los Filos mine in Mexico, the Mesquite and Castle Mountain mines in California, and the Aurizona mine in Brazil. These assets employ a combination of heap‐leach and carbon‐in‐leach processing techniques to produce gold doré, while ongoing exploration programs seek to expand mineral reserves and extend mine life at each site.

Since its formation, Equinox Gold has grown through strategic acquisitions and organic project development, building a pipeline of development‐stage and advanced exploration properties across North and South America.