10 High Growth Canadian Stocks to Buy Now

8. Equinox Gold Corp. (NYSEAMERICAN:EQX)

Expected 5-year EPS Growth: 33.99%

On April 9, Equinox Gold Corp. (NYSEAMERICAN:EQX) reported first-quarter production of 197,628 ounces of gold and provided updates on its two cornerstone Canadian assets: Greenstone in Ontario and Valentine in Newfoundland & Labrador. The company expects Canadian production to be weighted toward the second half of the year as those mines continue ramping up, supported by steady output from Nicaragua, Brazil, Mesquite, and Castle Mountain.

On March 30, Equinox Gold Corp. (NYSEAMERICAN:EQX) released updated technical reports projecting combined annual Canadian gold production of roughly 543,000 ounces from 2026 through 2036 at Greenstone and Valentine based solely on Proven and Probable reserves. It also disclosed an enormous resource base: 19 million ounces in Mineral Reserves, 19 million ounces in Measured and Indicated Resources excluding reserves, and another 11 million ounces in Inferred Resources. That scale gives the company substantial long-term optionality.

At Greenstone, Equinox Gold Corp. (NYSEAMERICAN:EQX) is ramping toward nameplate capacity of 27,000 tonnes per day with a target of approximately 320,000 ounces annually over the next decade. Valentine is preparing a Phase 2 expansion that could double plant throughput and support average annual production of around 223,000 ounces. Combined, these assets could transform Equinox into a premier large-scale Canadian gold producer.

Equinox Gold Corp. (NYSEAMERICAN:EQX), headquartered in Vancouver, was formed in 2017 through a merger of Trek Mining, NewCastle Gold, and Anfield Gold. Since then, management has aggressively built a diversified Americas-focused gold platform.