Overview
Compare with Eldorado Gold, Alamos Gold or Yamana Gold, or pick any stock.
- TickerEQX on NYSE2
- IndustryGold and Silver Ores2
- HeadquartersVancouver, Canada2
- Incorporated inBritish Columbia, Canada4
- Business addressSuite 3000, 1090 West Pender Street, Vancouver4
- Filer category, Emerging growth company4
- Legal formCompany (includes community contribution company and unlimited liability company)2
- LEI5493005IN4V1SNP9PN752
- StatusActive2
- LEI statusIssued and current2
- Registered addressSuite 3000 - 1090 West Pender Street, V6E 0E3 Vancouver, Canada2
- Registered withBC Registry Services, BC07863772
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Business segments
Metal brought in 62% of the revenue Equinox Gold Corp. broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2024 | 2025 |
|---|---|---|
| Metal | $881.5M | $1.7B |
| NI | $491.6M | |
| Mesquite | $173.2M | $286.9M |
| Los Filos [member] | $412.2M | $109.4M |
| Valentine | $80.5M | |
| Pan | $41.5M | |
| Castle Mountain | $49.0M | $29.6M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue65¢$1.2B
- Other costs5¢$91.9M
- Interest10¢$179.3M
- Income tax8¢$150.2M
- Profit12¢$221.5M
Out of $1.8B in revenue.3
Where each dollar of operating cash went, fiscal 2025
- Capital spending85¢$692.3M
- Kept or used elsewhere15¢$126.0M
Out of $818.3M of cash from operations.3
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenue | $1.8B | $912.8M |
| Other operating expenses | -$834.6M | -$596.9M |
| Depreciation and depletion | -$339.7M | -$109.8M |
| Operating expense | -$1.2B | -$706.7M |
| Income from mine operations | $642.9M | $206.1M |
| Care and maintenance expense | -$95.0M | -$580.0K |
| Exploration and evaluation expense | -$10.9M | -$1.6M |
| General and administration expense | -$104.7M | -$52.2M |
| Income from operations | $432.3M | $151.7M |
| Finance expense | -$179.3M | -$91.3M |
| Finance income | $10.9M | $7.1M |
| Other (expense) income | -$132.6M | $465.8M |
| Income before income taxes from continuing operations | $131.4M | $533.3M |
| Income tax expense | -$150.2M | -$273.0M |
| Net (loss) income from continuing operations | -$18.9M | $260.3M |
| Net income from discontinued operations | $240.3M | $79.0M |
| Net income | $221.5M | $339.3M |
| Basic (in dollars per share) | 0.35 CAD | 0.85 CAD |
| Diluted (in dollars per share) | 0.35 CAD | 0.75 CAD |
| Basic (in dollars per share) from continuing operations | -$0.03 | $0.65 |
| Diluted (in dollars per share) from continuing operations | -0.03 CAD | 0.59 CAD |
| Basic (in shares) | 630.3M shares | 400.1M shares |
| Diluted (in shares) | 630.3M shares | 473.5M shares |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $407.4M | $239.3M | |
| Marketable securities | $162.7M | $6.1M | $92.7M |
| Trade and other receivables | $65.5M | $70.0M | |
| Inventories | $369.8M | $417.5M | |
| Prepaid expenses | $26.4M | $44.5M | |
| Other current assets | $10.6M | $6.5M | |
| Assets held for sale | $928.3M | $0 | |
| Current assets | $2.0B | $784.1M | |
| Restricted cash | $7.6M | $12.2M | |
| Inventories | $368.1M | $277.1M | |
| Mineral properties, plant and equipment | $7.9B | $5.6B | |
| Deferred income tax assets | $0 | $2.3M | |
| Other assets | $278.8M | $73.1M | |
| Total assets | $10.5B | $6.7B | |
| Accounts payable and accrued liabilities | $302.4M | $258.3M | |
| Income taxes payable | $153.1M | $10.1M | |
| Current portion of loans and borrowings | $181.3M | $135.6M | |
| Current portion of deferred revenue | $127.6M | $116.3M | |
| Current portion of derivative liabilities | $184.2M | $116.6M | |
| Other current liabilities | $82.7M | $52.2M | |
| Liabilities relating to assets held for sale | $230.7M | $0 | |
| Current liabilities | $1.3B | $689.1M | |
| Loans and borrowings | $1.4B | $1.2B | |
| Deferred revenue | $165.1M | $266.7M | |
| Derivative liabilities | $46.7M | $46.4M | |
| Reclamation and closure cost provisions | $229.8M | $130.2M | |
| Deferred income tax liabilities | $1.4B | $800.0M | |
| Other non-current liabilities | $251.3M | $171.5M | |
| Total liabilities | $4.7B | $3.3B | |
| Common shares | $4.9B | $2.8B | |
| Reserves | $93.1M | $74.1M | |
| Accumulated other comprehensive income (loss) | $7.5M | -$89.0M | |
| Retained earnings | $820.0M | $613.7M | |
| Total equity | $5.8B | $3.4B | $2.4B |
| Total liabilities and equity | $10.5B | $6.7B |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $407.4M | $239.3M | |
| Marketable securities | $162.7M | $6.1M | $92.7M |
| Trade and other receivables | $65.5M | $70.0M | |
| Inventories | $369.8M | $417.5M | |
| Prepaid expenses | $26.4M | $44.5M | |
| Other current assets | $10.6M | $6.5M | |
| Assets held for sale | $928.3M | $0 | |
| Current assets | $2.0B | $784.1M | |
| Restricted cash | $7.6M | $12.2M | |
| Inventories | $368.1M | $277.1M | |
| Mineral properties, plant and equipment | $7.9B | $5.6B | |
| Deferred income tax assets | $0 | $2.3M | |
| Other assets | $278.8M | $73.1M | |
| Total assets | $10.5B | $6.7B | |
| Accounts payable and accrued liabilities | $302.4M | $258.3M | |
| Income taxes payable | $153.1M | $10.1M | |
| Current portion of loans and borrowings | $181.3M | $135.6M | |
| Current portion of deferred revenue | $127.6M | $116.3M | |
| Current portion of derivative liabilities | $184.2M | $116.6M | |
| Other current liabilities | $82.7M | $52.2M | |
| Liabilities relating to assets held for sale | $230.7M | $0 | |
| Current liabilities | $1.3B | $689.1M | |
| Loans and borrowings | $1.4B | $1.2B | |
| Deferred revenue | $165.1M | $266.7M | |
| Derivative liabilities | $46.7M | $46.4M | |
| Reclamation and closure cost provisions | $229.8M | $130.2M | |
| Deferred income tax liabilities | $1.4B | $800.0M | |
| Other non-current liabilities | $251.3M | $171.5M | |
| Total liabilities | $4.7B | $3.3B | |
| Common shares | $4.9B | $2.8B | |
| Reserves | $93.1M | $74.1M | |
| Accumulated other comprehensive income (loss) | $7.5M | -$89.0M | |
| Retained earnings | $820.0M | $613.7M | |
| Total equity | $5.8B | $3.4B | $2.4B |
| Total liabilities and equity | $10.5B | $6.7B |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income for the year | $221.5M | $339.3M |
| Depreciation and depletion | $517.5M | $222.6M |
| Finance expense | $185.7M | $95.4M |
| Amortization of deferred revenue | -$158.1M | -$14.3M |
| Change in fair value of derivatives | $114.0M | $123.3M |
| Settlements of derivatives | -$85.1M | -$13.9M |
| Unrealized foreign exchange loss (gain) | $21.1M | -$21.4M |
| Gain on remeasurement of previously held interest in the Greenstone Mine | $0 | -$579.8M |
| Income tax expense | $191.1M | $290.8M |
| Income taxes paid | -$129.2M | -$19.6M |
| Other | $36.6M | $7.9M |
| Operating cash flow before changes in non-cash working capital | $915.1M | $430.2M |
| Changes in non-cash working capital | -$96.8M | -$58.0M |
| Cash provided by (used in) operating activities | $818.3M | $372.2M |
| Expenditures on mineral properties, plant and equipment | -$692.3M | -$412.1M |
| Cash acquired on acquisition of Calibre Mining Corp. | $193.1M | $0 |
| Investment in Calibre Mining Corp. | -$40.0M | $0 |
| Net proceeds on disposal of assets | $83.2M | $0 |
| Proceeds from dispositions of marketable securities | $3.0M | $48.2M |
| Acquisition of Greenstone Mine | $0 | -$744.1M |
| Other | -$5.7M | -$3.7M |
| Cash provided by (used in) investing activities | -$458.7M | -$1.1B |
| Drawdowns on credit facility | $85.0M | $560.0M |
| Repayments of loans and borrowings | -$81.5M | $0 |
| Proceeds from other financing arrangements | $21.6M | $57.3M |
| Repayments of other financing arrangements | -$24.9M | -$7.3M |
| Interest paid | -$132.6M | -$112.6M |
| Lease payments | -$39.9M | -$29.5M |
| Net proceeds from shares issued in public offerings | $0 | $335.6M |
| Transaction costs and other | $313.0K | -$11.0M |
| Cash provided by (used in) financing activities | -$171.9M | $792.5M |
| Effect of foreign exchange on cash and cash equivalents | $2.9M | -$5.6M |
| Increase in cash and cash equivalents | $190.7M | $47.3M |
No quarter-by-quarter statement was filed.
Corporate structure
Equinox Gold Corp. sits at the top of its group. 5 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Equinox Gold Corp.
- FAIRFAX FINANCIAL HOLDINGS LTD/ CAN Filed SCHEDULE 13G on Equinox Gold Corp., latest Aug 25, 2026
- BlackRock Filed SCHEDULE 13G on Equinox Gold Corp., latest Jul 28, 2026 (3 filings since Feb 3, 2022)
- VAN ECK ASSOCIATES CORP Filed SCHEDULE 13G/A on Equinox Gold Corp., latest Feb 13, 2026 (8 filings since Feb 11, 2022)
- Ross J. Beaty Filed SCHEDULE 13D/A on Equinox Gold Corp., latest Jan 15, 2026 (3 filings since Apr 29, 2024)
- DONALD SMITH & CO., INC. Filed SCHEDULE 13G on Equinox Gold Corp., latest Nov 12, 2025 (4 filings since Feb 13, 2025)
- ORION RESOURCE PARTNERS (USA) LP Filed SCHEDULE 13G/A on Equinox Gold Corp., latest Aug 14, 2025 (3 filings since Nov 14, 2024)
- Mubadala Investment Co PJSC Filed SC 13D/A on Equinox Gold Corp., latest Oct 10, 2024 (2 filings since Oct 7, 2024)
- Equinox Gold Corp. Vancouver, British Columbia, Canada
- Versamet Royalties Corp Stake · Vancouver, British Columbia, Canada
- LEAGOLD MINING CORPORATION Subsidiary · Vancouver, British Columbia, Canada
- Luna Gold Corp. Subsidiary · Vancouver, British Columbia, Canada
- PREMIER GOLD MINES LIMITED Subsidiary · Toronto, Ontario, Canada
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G; stakes of 5% or more it reported on Schedules 13D and 13G (1 companies). Each entity in the chart links to its source.
What it owns
What Equinox Gold Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Operating-lease assets (leased space) | $113.7M3 Dec 31, 2025 | $121.7M3 Dec 31, 2024 | −6.6% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $430.0M3 Dec 31, 2025 | $239.3M3 Dec 31, 2024 | +79.7% |
| Long-term investments | $32.3M10 Dec 31, 2024 | $010 Dec 31, 2023 |
Inventory
Timeline
- Mar 23, 2007Founded Equinox Gold Corp. is founded2
Calendar
Coming up
- Nov 4, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.19 a share, on Nov 5, 2025.11
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
256 filings to the SEC since October 2021: 5 annual reports, 24 large holders, 227 other. The latest 20:
- Oct 13, 20266-K EDGAR
- Sep 29, 20266-K EDGAR
- Sep 21, 20266-K EDGAR
- Aug 25, 2026SCHEDULE 13G EDGAR
- Aug 17, 20266-K EDGAR
- Aug 6, 2026S-8 EDGAR
- Aug 6, 20266-K EDGAR
- Aug 5, 20266-K EDGAR
- Aug 5, 20266-K EDGAR
- Aug 5, 20266-K EDGAR
- Jul 31, 20266-K EDGAR
- Jul 28, 2026SCHEDULE 13G EDGAR
- Jul 23, 20266-K EDGAR
- Jul 22, 20266-K EDGAR
- Jul 10, 20266-K EDGAR
- Jul 9, 20266-K EDGAR
- Jul 7, 20266-K EDGAR
- Jun 25, 20266-K EDGAR
- Jun 24, 20266-K EDGAR
- Jun 24, 20266-K EDGAR
The 256 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- FAIRFAX FINANCIAL HOLDINGS LTD/ CANSCHEDULE 13G, 1 filing Aug 25, 202612
- BlackRockSCHEDULE 13G, 3 filings Feb 3, 2022 to Jul 28, 202613
- VAN ECK ASSOCIATES CORPSCHEDULE 13G/A, 8 filings Feb 11, 2022 to Feb 13, 202614
- Ross J. BeatySCHEDULE 13D/A, 3 filings Apr 29, 2024 to Jan 15, 202615
- DONALD SMITH & CO., INC.SCHEDULE 13G, 4 filings Feb 13, 2025 to Nov 12, 202516
- ORION RESOURCE PARTNERS (USA) LPSCHEDULE 13G/A, 3 filings Nov 14, 2024 to Aug 14, 202517
- Mubadala Investment Co PJSCSC 13D/A, 2 filings Oct 7, 2024 to Oct 10, 202418
Stakes it holds
Equinox Gold Corp. has told the SEC it owns more than 5% of 1 company, latest first (Schedules 13D and 13G).
- Versamet Royalties CorpSCHEDULE 13G/A Apr 6, 2026 to Jul 8, 202619
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Van Eck Associates Corp | 87,435,651 | $849.9M | 0.5% | +2,355,044 |
| L1 Capital Pty Ltd | 27,055,865 | $263.0M | 8.8% | +2,724,700 |
| Franklin Resources Inc | 24,228,961 | $235.7M | 0.1% | +3,745,204 |
| Vanguard Capital Management LLC | 21,005,125 | $204.7M | 0.0% | +641,259 |
| Maple Rock Capital Partners Inc. | 17,531,248 | $170.4M | 3.3% | −1,893,400 |
| Boston Partners | 11,657,519 | $153.6M | 0.1% | +1,293,068 |
| Invesco Ltd. | 10,649,748 | $103.5M | 0.0% | +1,370,150 |
| Norges Bank | 10,546,728 | $102.7M | 0.0% | New |
| Sprott Inc. | 9,086,538 | $88.4M | 3.0% | −418,898 |
| Deutsche Bank Ag\ | 8,537,176 | $83.0M | 0.0% | +2,602,991 |
| Bank Of Montreal /can/ | 8,095,172 | $78.8M | 0.0% | −580,023 |
| Dimensional Fund Advisors LP | 7,866,001 | $76.5M | 0.0% | +2,001,183 |
| Geode Capital Management, LLC | 7,844,696 | $76.2M | 0.0% | +7,294,694 |
| Vanguard Fiduciary Trust Co | 6,684,792 | $65.1M | 0.0% | +181,484 |
| Two Sigma Investments, LP | 6,176,988 | $60.0M | 0.0% | +2,679,352 |
| FIL Ltd | 6,094,102 | $59.4M | 0.0% | −25,178,678 |
| Mackenzie Financial Corp | 4,160,491 | $57.5M | 0.1% | −113,321 |
| Evergreen Quality Fund GP, Ltd. | 5,475,600 | $53.2M | 0.9% | −7,160,244 |
| Amundi | 5,307,103 | $51.6M | 0.0% | +1,067,139 |
| Merk Investments LLC | 4,900,000 | $47.7M | 15.2% | No change |
| Ruffer LLP | 4,736,428 | $46.0M | 1.6% | +609,593 |
| Renaissance Technologies LLC | 4,394,300 | $42.7M | 0.1% | +3,483,531 |
| Massachusetts Financial Services Co /ma/ | 3,043,997 | $42.1M | 0.0% | −374,485 |
| Manufacturers Life Insurance Company, The | 4,145,083 | $40.2M | 0.0% | −1,478,378 |
| Legal & General Group Plc | 4,046,883 | $39.4M | 0.0% | +1,528,025 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Equinox Gold Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGAREquinox Gold Corp.1
- CIK0001756607
- Filer status<br>emerging growth company not an emerging growth company1
- Incorporated inBritish Columbia20
- Fiscal year endsDecember 311
- Industry code (SIC)1040 Gold and Silver Ores1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business addressSuite 3000, 1090 West Pender Street, Vancouver, British Columbia, Canada1
- Phone60455805601
- Shares outstanding785,632,450 as of Dec 31, 20253
- AuditorKPMG LLP, Vancouver, BC, Canada PCAOB ID 85; it also attests to the company’s internal control over financial reporting20
- On EDGAR sinceOct 25, 20181
- Filings387 in all: 6-K (316), SC 13G (8), SCHEDULE 13G/A (8), 40-F (7), SCHEDULE 13G (7), SC 13G/A (6), SUPPL (5), FWP (4)1
All 21 form types
SC 13D/A (4), F-X (3), SD (3), 6-K/A (2), F-10 (2), S-8 (2), SC 13D (2), SCHEDULE 13D/A (2), UPLOAD (2), 40FR12B (1), CERT (1), CORRESP (1), D (1)
- Latest filingsAnnual report (40-F) Mar 31, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Shares without par value | EQX | NYSE American LLC |
From the cover page of the 40-F filed Mar 31, 2026 (Section 12(b) of the Exchange Act).20
Sources
The numbers on this page point here. Each one links to the record it came from.
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