Quarterly ResultAug 6, 2026, 06:09 AM
Equinox Gold Raises 2026 Guidance, Q2 Strong, Dividend +50%
AI Summary
Equinox Gold reported strong second-quarter 2026 results, including 176,836 ounces of gold produced and $769.8 million in revenue. Following the successful completion of the Orla Mining merger, the company increased its 2026 production guidance to 870,000-920,000 ounces and approved the Valentine Phase 2 expansion. The Board of Directors also approved a 50% increase in the quarterly dividend to $0.0225 per share, reflecting confidence in the company's financial strength and growth prospects.
Key Highlights
- Completed business combination with Orla Mining on July 31, 2026.
- Increased 2026 production guidance to 870,000-920,000 ounces of gold.
- Produced 176,836 ounces of gold in Q2 2026.
- Reported Q2 2026 revenue of $769.8 million.
- Achieved Q2 2026 net income of $230.6 million, or $0.29 per share.
- Quarterly dividend increased by 50% to $0.0225 per common share.
- Board approved Valentine Phase 2 expansion with an initial $436 million capital budget.
- Pro forma annual production expected to be 1.1 million ounces of gold in 2026.
Price Impact
More from EQX