Equinox Gold shares surge 10.85% premarket on record Q3 production, lower all-in costs, and $88M asset sale proceeds.

Equinox Gold (TSX: EQX) rose 10.85% in premarket trading following the release of record Q3 2025 results, including 236,382 ounces of gold production and $819 million in revenue. The company highlighted operational improvements at its Greenstone and Valentine mines, with Greenstone achieving 21% higher mining rates and 13% improved mill grades, while Valentine reached 91% of nameplate capacity in October. Additionally, Equinox Gold reduced debt by $139 million and secured $88 million from the sale of Nevada assets, strengthening its balance sheet. Management emphasized a strong finish to 2025 and momentum into 2026, driven by Canadian production growth and cost efficiency (all-in sustaining costs of $1,833/oz). These results and forward-looking guidance aligned with the stock’s upward movement, reflecting investor confidence in operational execution and financial discipline.