Equinox Gold Announced Robust Q2 2025 Results

The miner completed its acquisition of Calibre Mining Corp. by mid-June this year.

SEATTLE (Scrap Monster): Equinox Gold Corp. announced solid financial and operating results for Q2 2025.

During the quarter, the business recorded net income of $23.8 million, or $0.05 per share, and mining operations income of $159.8 million. The quarter's adjusted net income was $56.7 million, or $0.11 per share. Additionally, the quarter's adjusted EBITDA came to $200.5 million.

Equinox Gold reported all-in sustaining costs (AISC) of $1,959 per ounce and total cash expenses of $1,478 per ounce. According to a corporate news release, the cash flow from operations was $126.0 million before changes in non-cash working capital and $132.9 million after those changes.

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By mid-June of this year, the miner had finished acquiring Calibre Mining Corp. It also disclosed a deal to sell non-core Nevada assets for US$115 million during the quarter. Additionally, it declared that the Valentine Gold Mine is already in the last phases of commissioning, with the first gold pour anticipated by the end of September 2025 and ore processing anticipated to start before the end of August 2025.

The business anticipates a robust second half of the year, with production on pace to reach our full-year consolidated estimate of 785,000 to 915,000 ounces, according to Darren Hall, CEO of Equinox Gold. In 2026, he noted, both cash flow and output will continue to expand.