13 Stocks Under $10 With Biggest Upside Potential

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11. Equinox Gold Corp. (NYSEAMERICAN:EQX)

Price: $6.11

Number of Hedge Fund Holders: 33

Analyst Upside Potential: 37.35%

Equinox Gold Corp. (NYSEAMERICAN:EQX) is one of the Best Stocks Under $10 With Biggest Upside Potential. On July 8, Equinox Gold Corp. (NYSEAMERICAN:EQX) announced production results for Q2 2025 and provided updates on its Valentine and Greenstone gold mines in Canada.

In Q2, Equinox Gold Corp. (NYSEAMERICAN:EQX) produced 219,122 ounces of gold. This includes 51,274 ounces from the Greenstone mine in Ontario and 72,823 ounces from Calibre’s assets. On a year-to-date basis, the production reached 401,211 ounces, excluding some other assets. The company had $406 million in cash, positioning it well for future growth.

In addition, Equinox Gold Corp. (NYSEAMERICAN:EQX) also completed a merger with Calibre Mining, adding a second high-quality Canadian gold mine to its portfolio. Management noted that the Greenstone mine is ramping up production, and Equinox Gold expects continued improvements in the second half of 2025. Meanwhile, the Valentine Gold Mine in Newfoundland and Labrador is progressing on schedule. The company expects to process the first ore through the mill by late August, with the first gold production about a month later.

Equinox Gold Corp. (NYSEAMERICAN:EQX) is a gold mining company that operates mines in five countries.

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