Equinox Gold Corp. (NYSEAmerican:EQX) hits new high on Tuesday as spot prices of gold rise, with investors anticipating a rate cut that may boost precious metal demand. Stock reached $9.20 before closing at $9.14, up 4.34%. Gold prices surged 1.8% to $3,540 as investors prepare for a potential rate cut.

Equinox Gold Corp. (NYSEAmerican:EQX) starts ore processing at Valentine Gold Mine in Canada, capable of producing 2.5 million tons of gold yearly. Company expects to pour first gold batch next month and aims to produce 175,000-200,000 ounces annually over 12 years. EQX highlights investment potential amid AI stock promise.

Investors take notice of Equinox Gold Corp. (NYSEAmerican:EQX) as it surges on the back of rising gold prices. The company kicks off ore processing at its Valentine Gold Mine in Canada, targeting significant annual gold production. EQX emphasizes investment potential alongside AI stock opportunities for high returns with limited risk.

Read more at Yahoo Finance: Equinox (EQX) Soars to New High on Gold Rush