Equinox Gold Reports Q3 Production Results Following - GlobeNewswire
AI desk brief
Equinox Gold reported Q3 gold production of 237,019 oz and gold sales of 248,484 oz, with YTD production at 611,483 oz and reaffirmed it is on track for updated 2026 guidance of 870,000-920,000 oz, or about 1.1m oz including Orlaβs full-year contribution. The company also highlighted stronger operating momentum at Valentine and Greenstone, plus progress on South Railroad in Nevada, where early works construction has started after receiving federal permits for first gold in 2028.
Balance-sheet actions were also notable: Equinox repaid $190m of debt in Q3, ended with $527m cash, $163m net cash and $1.2bn of liquidity, and said it will redeem $172.5m of 2023 convertible notes by Oct. 19. It also bought back 759,000 shares in the quarter and indicated it may continue repurchases in Q4.
Sources used
- S1 GlobeNewswire via Google News β Equinox Gold Reports Q3 Production Results Following - GlobeNewswire