Equinox Gold vs. Eldorado Gold: Which Gold Miner is Shining Brighter? – June 26, 2025
From Zacks Investment Research: 2025-06-26 09:16:00
Equinox Gold and Eldorado Gold are targeting significant increases in gold production following their business combination. Equinox Gold aims for over 1.2M ounces annually, while Eldorado Gold sees up to 720K ounces by 2027. Both companies have strong liquidity positions and growth pipelines. Gold prices have remained favorable due to geopolitical tensions. Equinox Gold recently closed a transformative merger with Calibre Mining Corp, becoming a top gold producer in Canada. Eldorado Gold operates mines in various countries and is advancing growth projects like Skouries. Eldorado Gold’s financial position supports its growth initiatives.
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