Equinox Gold divests Brazilian assets to CMOC for $1.015 billion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 15 2025
0mins
Source: SeekingAlpha
Transaction Overview: Equinox Gold's board has approved the sale of its Brazilian mining assets to a CMOC Group subsidiary for $1.015 billion, including the Aurizona Mine, RDM Mine, and Bahia Complex.
Financial Details: The company will receive $900 million in cash at closing, with potential additional contingent payments of up to $115 million based on production thresholds.
Future Operations: Post-transaction, Equinox Gold will focus on its mines in Canada, California, and Nicaragua, aiming for an annual gold production of 700,000 to 800,000 ounces by 2026.
Growth Plans: Equinox Gold plans to expand its operations and will provide detailed production and cost guidance in early 2026 following the completion of the sale.
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Analyst Views on EQX
Wall Street analysts forecast EQX stock price to rise
7 Analyst Rating
6 Buy
1 Hold
0 Sell
Strong Buy
Current: 15.060
Low
13.68
Averages
15.89
High
18.00
Current: 15.060
Low
13.68
Averages
15.89
High
18.00
About EQX
Equinox Gold Corp. is a Canadian mining company. It is focused on the gold operations in Canada and across the Americas, and a pipeline of development and expansion projects. Its operating mines include Greenstone, Valentine, Mesquite, Nicaragua Ops: Libertad; Nicaragua Ops: Limon. Its growth projects include Castle Mountain Phase 2, and Los Filos Expansion. Greenstone is a multi-million-ounce gold project located in the top-tier mining jurisdiction of Ontario, Canada, approximately 275 km northeast of Thunder Bay in Geraldton, Ontario. Mesquite is an open pit, run-of-mine heap leach gold mine located in Imperial County, California, United States of America, approximately 200 miles south of its Castle Mountain Mine, 16 miles west of the state border with Arizona and 24 miles north of the border with Mexico. Libertad Mine and Mill is located approximately 110 km east of the capital of Managua. The Limon Mine & Mill is located in western Nicaragua.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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