10 Double-Digit Winners You Wish You Bought Yesterday

8. Equinox Gold Corp. (NYSEAmerican:EQX)

Equinox Gold soared by 23.9 percent week-on-week after posting an optimistic outlook for the second half despite a dismal earnings performance in the first half of the year.

In its updated report, Equinox Gold Corp. (NYSEAmerican:EQX) said it was looking to pivot in the second half on expectations of strong production, following the completion of its acquisition of Calibre Mining Corp.

“We expect a strong second half of the year, with production on track to meet our full-year consolidated guidance of 785,000 to 915,000 ounces and anticipate continued growth in both production and cash flow into 2026,” said Equinox Gold Corp. (NYSEAmerican:EQX) CEO Darren Hall.

“Our focus is clear as we grow into a top-tier producer—operational excellence, disciplined capital allocation, and deliver on our commitments to drive debt reduction, optimize our balance sheet, and maximize returns for shareholders,” he added.

In the second quarter of the year, Equinox Gold Corp. (NYSEAmerican:EQX) dropped its net income by 93 percent to $23.8 million from $353.5 million in the same period last year, despite revenues increasing by 77.6 percent to $478.6 million from $269.4 million in the same period.

In the first half, the company swung to a net loss of $51.6 million from a $310.7 million net income in the same period last year. Revenues increased by 76.7 percent to $902.4 million from $510.8 million.