How did Equinox Gold's revenue and expenses shift in Q4 2024?
5/9/2025 03:28am
Equinox Gold's revenue and expenses in Q4 2024 showed a notable decline in revenue and a slight increase in total expenses compared to the previous quarter:
1. **Revenue Shift**: The company's total revenue decreased by approximately 9.59% to $574.98 million, down from the previous quarter's revenue. This decline suggests a reduction in sales or operational efficiency during the period.
2. **Expense Shift**: The total expenses for the quarter were $574.98 million, which includes operating expenses and financing and management expenses. This is slightly higher than the previous quarter's total expenses, indicating that while revenue decreased, the company's overall expense burden remained relatively stable.