Equinox Gold Corp. Reports 2025 Financial Results and Announces Inaugural Dividend
Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) has released its audited financial statements and management discussion and analysis for the year ended December 31, 2025. The documents were filed on February 20, 2026 and are available for download on the company’s investor relations site.
2025 Financial Highlights
- Production and Revenue – The company reported record production and revenue for 2025, driven by a strategic merger and portfolio optimisation.
- Debt Reduction – Equinox Gold completed more than US $1.1 billion of debt reduction, improving its balance sheet.
- Dividend Policy – The Board of Directors declared the company’s first quarterly cash dividend of US $0.015 per common share, to be paid on March 26, 2026 to shareholders of record on March 12, 2026.
Earnings Call and Webcast
A Q4 2025 earnings call was held on February 19, 2026. The company’s management presented a webcast deck summarising the year‑end financials and outlining the strategic initiatives that underpinned the company’s performance. The call was broadcast on the same day as the press release detailing the quarterly results.
Market Reaction
At the close of February 19, 2026, Equinox Gold’s share price stood at CAD 23.04, within a 52‑week range of CAD 24.17 (high) to CAD 7.71 (low). The market cap was reported as CAD 18,250,000,000. Despite a negative price‑earnings ratio of –522.67, the company’s recent operational achievements and dividend declaration were cited in analyst commentary as positive signals.
Forward Guidance
Equinox Gold’s management reiterated its focus on sustaining high‑grade production, maintaining a disciplined capital allocation strategy, and continuing to seek opportunities for portfolio optimisation. The company will continue to monitor market conditions and adjust its operational plans accordingly.
