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Is Equinox Gold (EQX) the Best Precious Metal Stock to Buy After the U.S. Venezuela Mission?

Equinox Gold Corp. (NYSE:EQX) is one of the 10 Best Precious Metal Stocks to Buy After the U.S. Venezuela Mission.

Over the last six months, Equinox Gold Corp. (NYSE:EQX) has skyrocketed by over 141% as of January 9. Of the nine analysts covering EQX, eight have rated the stock a Buy, with a median price target of $17.05. The median price target suggests an upside of almost 16.47%.

The firm CBIC is the only one holding a Hold rating on Equinox Gold Corp. (NYSE:EQX) shares. On December 15, Anita Soni from CBIC downgraded EQX from Buy to Hold, slightly lowering the price target from $15.92 to $15.56.

Pixabay/Public Domain

In other news, on December 14, Equinox Gold reported that it has agreed to sell its 100% stake in Aurizona Mine, RDM Mine, and Bahia Complex in Brazil. CMOC will purchase these sites from Equinox Gold, with the seller receiving a total amount of $1.015 billion. Equinox will receive an upfront cash payment of $900 million at closing and the remaining $115 million in a product-linked contingent cash payment payable after one year of closing of the deal.

Management plans to strengthen its balance sheet through this sale and repay its $500 million term loan and $300 million Sprott loan. The goal is to reduce the revolving credit facility, leading to a strong balance sheet and lower interest expense. Following the completion of the transaction, Equinox Gold will focus on Valentine and Greenstone mines in Canada, Mesquite in California, and the El Limón and Libertad mines in Nicaragua. From these North American mines, the company projects a total gold production of 700,000 to 800,000 ounces in 2026.

As Equinox Gold Corp. (NYSE:EQX) turns its focus to North American operations, analysts from Stifel and RBC Capital maintain Buy ratings, with price targets of $17.36 and $18.09 as of December 16 and 10, 2025, respectively.

Equinox Gold Corp. (NYSE:EQX) focuses on the acquisition, exploration, and development of mineral properties in the Americas. Equinox’s core focus remains on exploring gold and silver.

While we acknowledge the potential of EQX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than EQX and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best New Penny Stocks to Invest In and 13 Best Gold Mining Companies to Invest In Now.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

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