Equinox Gold says Q2 2026 earnings rise on higher gold prices, Greenstone ramp-up and Nicaragua, Valentine contributions
EQX•Other income increases
- Other income increased to USD 67.7 million, led by derivative fair-value gains and a gain tied to the revolving credit facility amendment.
Finance expense declines
- Finance expense fell to USD 12.1 million, reflecting the Term Loan repayment in January 2026 and revised revolving credit facility terms.
Mine earnings supported by Nicaragua, Valentine and Greenstone ramp-up
- Higher mine earnings were attributed to contributions from the Nicaragua operations and Valentine, continued Greenstone ramp-up, partly offset by lower Mesquite sales.
Q2 2026 earnings and revenue rise on higher gold prices and sales volumes
- For Q2 2026, net income was USD 230.6 million, driven mainly by higher income from mine operations on stronger gold prices and higher sales volumes.
- Revenue rose to USD 769.8 million on 177,959 ounces sold at USD 4,256/oz, reflecting a 32% realized price increase and a 101% rise in ounces sold.
