Revenue by sector: 100% from gold production (2025)

TOP 3 markets:

1. USA: 40%
2. Canada: 30%
3. Brazil: 20%

Equinox Gold Corp. generates its revenue entirely from gold production. The company operates in multiple countries, with the majority of revenue coming from the USA, followed by Canada and Brazil. These markets are crucial for the company as they provide stable political conditions and high demand for gold. The remaining 10% of revenue is distributed among other international markets.

Production sites of Equinox Gold Corp.:

1. Brazil
2. Mexico
3. Canada
4. USA

Equinox Gold Corp. is a Canadian mining company that focuses on gold production. The company operates several mines in North and South America. In Brazil and Mexico, Equinox Gold has significant production facilities that make a substantial contribution to the company's overall gold production.

In addition, the company operates mines in Canada and the USA, which also contribute to the diversification and stability of production. This geographical distribution enables Equinox Gold to benefit from different regional market conditions and to diversify risks.

Production Growth: 20% increase by 2025 Investments in Exploration: $150 million USD (2025)

Equinox Gold Corp. is pursuing a growth strategy based on increasing gold production and expanding its mining projects. The company plans to increase its production capacity by 20% by 2025 through optimizing existing mines and developing new projects.

Another focus is on exploring new gold deposits. For this purpose, Equinox Gold has allocated investments of $150 million USD for 2025 to expand its resource base and ensure long-term growth.

In addition, the company is focusing on strategic acquisitions to strengthen its market position and leverage synergies that could further enhance efficiency and profitability.

Main Commodities: Gold, Silver

Import Countries: Canada, USA, Mexico, Brazil

Equinox Gold Corp. is primarily engaged in gold mining and operates mines in North and South America. The main commodities the company requires are gold and, to a lesser extent, silver, which it mines itself.

In addition to the self-mined commodities, the company could import materials such as machinery, equipment, and chemicals necessary for mining and processing. These materials are often imported from industrialized countries like Canada and the USA, where specialized mining equipment and technologies are available.

Brazil and Mexico are also important locations for Equinox Gold, as the company operates mines there and utilizes local resources.

Market share: 5% in the global gold market (2024, estimate)
Production costs: $1,200 per ounce (2024)
Gold production: 600,000 ounces (2024)

Equinox Gold Corp. has a moderate competitive advantage in the global gold market. The company benefits from a diversified production base with several active mines, which reduces the risk of production interruptions.

The production costs of $1,200 per ounce are in the mid-range of the industry, indicating solid cost control, but not necessarily a significant cost advantage over competitors.

Another advantage is the strategic location of the mines in politically stable regions, reducing the risk of geopolitical uncertainties. However, competition in the gold sector is intense, and Equinox must continuously invest in efficiency improvements and exploration to maintain or expand its market position.

Institutional Investor Share: approximately 60% (estimated for 2025)

Insider Purchases/Sales: No specific data available (as of 2025)

The institutional investor share in Equinox Gold Corp. is estimated to be around 60%. This suggests that a significant number of shares are held by large financial institutions, typically signaling stability and confidence in the company.

There is currently no specific data available on insider purchases and sales. However, such transactions can be important indicators of management's confidence in the company's future development. It is advisable to regularly review the relevant reports and disclosures to obtain up-to-date information.

Market share of Equinox Gold Corp.: 3.5% (estimated for 2025)

Top 5-10 competitors by market share:

1. Newmont Corporation: 15.8%
2. Barrick Gold Corporation: 14.2%
3. AngloGold Ashanti Limited: 7.9%
4. Gold Fields Limited: 6.5%
5. Kinross Gold Corporation: 5.3%
6. Agnico Eagle Mines Limited: 4.7%
7. Newcrest Mining Limited: 4.2%
8. Equinox Gold Corp.: 3.5%
9. Yamana Gold Inc.: 3.1%
10. Harmony Gold Mining Co. Ltd.: 2.8%

Moat of Equinox Gold Corp.:

Equinox Gold Corp. has a moderate moat, mainly based on its strategically positioned mines and its growth strategy through acquisitions. In recent years, the company has expanded its production capacities through the acquisition of mines and the development of new projects. This strategy has helped Equinox solidify its market position.

Compared to larger competitors like Newmont and Barrick, which have more extensive resources, diversified geographic presence, and established brands, Equinox's moat is less pronounced. These larger companies often also have advantages in terms of economies of scale and cost efficiency.

However, Equinox Gold could strengthen its moat in the future through its growth strategy and the development of new projects. The ability to operate efficiently and successfully integrate new projects will be crucial to compete with the larger gold producers.

Revenue Growth: 8.5% (2024) Gold Production: 600,000 ounces (2024) Operating Cash Flow: $150 million USD (2024)

Equinox Gold Corp. recorded a revenue growth of 8.5% in 2024, attributed to stable demand for gold and efficient production increases. Gold production reached 600,000 ounces, providing a solid foundation for future revenue.

Operating cash flow amounted to $150 million USD, indicating a healthy financial position and providing the company with flexibility for investments in new projects and debt reduction.

The long-term outlook for Equinox Gold Corp. is positive, especially due to planned expansions and the strategic location of their mines. However, investors should also consider the volatility of the gold market and geopolitical risks that may impact performance.

Dividend: No payout (as of 2025)

Equinox Gold Corp. has not paid any dividends in the past and continues this trend in 2025. The company primarily focuses on reinvesting its profits in expanding and developing new projects.

Equinox Gold's strategy is aimed at achieving long-term growth by expanding its production capacities. Therefore, it is unlikely that a dividend payment will be introduced in the near future, as the priority is on increasing the company's value through investments.