Equinox Gold management commentary attributes Q3 2026 net income decline to higher taxes

Equinox Gold management attributed the net income decline primarily to higher Canadian income taxes and lower earnings from discontinued Brazilian operations, partly offset by stronger mining income. Mining income benefited from acquired operations, Valentine's commercial production and Greenstone's continued ramp-up. For the first nine months, net income was $603.2 million, compared with $24 million a year earlier, primarily reflecting stronger mining income and lower finance expense.