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EQX

Equinox Gold Corp

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About Equinox Gold Corp

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Equinox gold $EQX finished selling their less productive gold mines (AISC 2700/oz) for a whopping $1.015B, and with the proceeds their repaid their whole debt (800M) and kept 200M in cash. Now they only own mines that produce gold for a total cost (AISC) of $1800/oz. That means they now make a net margin over 60%. No, none of that is priced in at a market cap of $18B lmao
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