Author is bullish on Equinox Gold after debt payoff, Brazil asset sale, buyback and dividend, expecting it to be the next Kinross.
EQX — LONG Author argues Equinox Gold is now a cash-printing machine after selling its Brazil assets and paying its ~$1 billion debt down to basically zero, with just under 1,000,000 ounces of gold mined this year. The company is initiating a share buyback and a small dividend, and the author expects gold prices to stay tight while mines continue to ramp up, calling it the new Kinross with Ross Beaty as a legendary mining figure behind it. Main risk is reliance on continued strong gold prices and mine ramp-up execution.
They just sold their brazil assets, and paid their 1 billion in debt to basically zero. Now they are a cash printing machine with just short of 1, 000, 000 ounce in gold mined this year.
This Reddit post, published February 25, 2026, features u/Admirable-Panic-3357 discussing EQX. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/Admirable-Panic-3357 · Tickers: EQX