Equinox Gold ( (TSE:EQX) ) has provided an update.
Equinox Gold Corp. announced a merger with Calibre Mining Corp., aiming to become a major Americas-focused gold producer with over 1.2 million ounces of annual gold production. The merger, expected to elevate Equinox Gold’s market position, will result in substantial free cash flow and growth opportunities, enhancing shareholder value and positioning the company as the second largest gold producer in Canada.
More about Equinox Gold
Equinox Gold Corp. is a diversified gold producer operating in the mining industry, with a focus on producing gold from its mines in Canada, California, Mexico, and Brazil. The company aims to achieve over one million ounces of annual gold production and holds a significant gold reserve and resource base.
YTD Price Performance: 33.71%
Average Trading Volume: 8,382,751
Technical Sentiment Signal: Sell
Current Market Cap: $3.23B
For an in-depth examination of EQX stock, go to TipRanks’ Stock Analysis page.