PROFIT & LOSS

Equinox Gold sees earnings surge in first quarter

Equinox Gold has reported an 801% surge in earnings to US$50.3 million on revenue of $229.7 million in the quarter to March 31 compared to earnings of $5.6 million on sales of $130 million in the prior year period due to the incorporation of acquired assets.

 Equinox Gold's Aurzona mine in Brazil

Equinox Gold's Aurzona mine in Brazil

The company produced 129,233 ounces of gold in the quarter compared to 88,951oz a year ago. In March 2020 the company acquired Leagold Mining. Its all-in sustaining cost jumped to $1,482/oz compared...

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