
Equinox Gold
Multi-asset mining company.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
* | $140m | Secondary | |
Total Funding | 000k |
USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | 28 % | (12 %) | 14 % | 39 % | 68 % | 50 % | 2 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | 31 % | 21 % | 23 % | 31 % | 44 % | 56 % | 59 % |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | 51 % | (11 %) | 3 % | 22 % | 9 % | 28 % | 35 % |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Equity research estimates
Equinox Gold Corp. is a Canadian-domiciled mining company with a strategic focus on gold production across the Americas. The company's business model is centered on the acquisition, exploration, development, and operation of mineral properties. Its revenue is primarily generated from the sale of gold and, to a lesser extent, silver, extracted from its portfolio of mines. These operations are geographically diversified across Canada, the United States, Mexico, and Brazil.
The current iteration of Equinox Gold was established in December 2017 through a strategic three-way merger of Trek Mining Inc., NewCastle Gold Ltd., and Anfield Gold Corp, with its headquarters in Vancouver, Canada. The vision was spearheaded by Chairman Ross Beaty, a notable figure in the resource industry with a multi-decade career of founding and developing successful mining ventures. Beaty, a geologist by training with degrees in geology and law, first founded Equinox Resources in 1985, which he sold in 1994. His career includes building Pan American Silver into a leading global producer and founding numerous other mineral and renewable energy companies, reflecting a long-standing practice of building value through resource development. The new Equinox Gold was launched with the stated ambition of becoming a million-ounce-per-year gold producer.
Growth has been a core component of the company's strategy, executed through both project development and significant acquisitions. A transformative event was the 2020 acquisition of Leagold Mining, which doubled the company's production and added four operating mines to its portfolio. This was followed by the acquisition of Premier Gold in 2021, which brought the Greenstone project in Ontario, Canada, into its pipeline. Equinox Gold operates a portfolio that includes the Mesquite and Castle Mountain mines in California, the Los Filos mine complex in Mexico, and several mines in Brazil, including Aurizona, Fazenda, and RDM. A major milestone was achieved in 2024 with the pouring of first gold and subsequent ramp-up to commercial production at the Greenstone Mine in Ontario. This asset is considered a cornerstone for the company's future, expected to be one of Canada's largest gold mines and significantly lower the company's consolidated operating costs.
Keywords: gold mining, precious metals, Americas mining, Canadian mining company, Ross Beaty, gold exploration, mineral development, open-pit mining, mine operations, gold production, Greenstone Mine, Los Filos Mine, Mesquite Mine, Aurizona Mine, Castle Mountain project, mining finance, resource extraction, TSX-listed, NYSE-listed, mining acquisitions, gold reserves, asset development, metals and mining
Tech stack
Investments by Equinox Gold
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