Equinox Gold Corp. (NYSEAMERICAN:EQX) is one of the 10 Undervalued Counter Cyclical Stocks to Buy Now.
On June 8, 2026, RBC Capital lowered the firm’s price target on Equinox Gold Corp. (NYSEAMERICAN:EQX) to $14 from $17 and maintained an Outperform rating on the shares
RBC said scale, high growth, and geographic exposure have been key aspects of the company’s ORLA deal. The firm added that, compared with its positive first impressions of the transaction, its view is now more balanced, with a more mixed valuation implication. On May 13, 2026, Equinox Gold Corp. (NYSEAMERICAN:EQX) and Orla Mining (ORLA) announced a definitive arrangement agreement for an at-market combination to create a new North American senior gold producer.
The combined company is expected to have approximately 1.1M ounces of annual gold production and an $18.5B implied market capitalization. Equinox will acquire all issued and outstanding common shares of Orla, and the combined company will continue under the name Equinox Gold Corp. Pixabay/Public Domain Meanwhile, on May 14, 2026, Stifel raised the firm’s price target on Equinox Gold Corp. (NYSEAMERICAN:EQX) to C$35 from C$31 and maintained a Buy rating on the shares.