Reported about 10 hours ago
Equinox Gold Corp. (NYSEAmerican:EQX) celebrated a record high of $7.9 on Thursday, driven by investor optimism for a robust second half of the year, despite recent earnings declines. Following its acquisition of Calibre Mining Corp, Equinox plans to ramp up production, projecting 785,000 to 915,000 ounces for the year. Although the company reported a 93% drop in net income for the second quarter, revenues increased notably. CEO Darren Hall emphasized the company's commitment to operational excellence and shareholder returns.
Source: YAHOO