Why These 10 Firms Soared on Monday

6. Equinox Gold Corp. (NYSEAmerican:EQX)

Equinox Gold rallied by 3.99 percent on Monday to end at $6.52 each in line with the surge in gold prices and ahead of the release of its earnings performance on Wednesday, May 7.

According to the company, it is scheduled to announce the results of its operations after market close on Wednesday, followed by a conference call to elaborate on the highlights at 10:30 AM ET on Thursday, May 8.

Meanwhile, Equinox Gold Corp. (NYSEAmerican:EQX) surged in line with higher gold prices, which as of this writing were up by 2.76 percent at $3,329.86 per ounce.

In recent news, shareholders of Calibre Mining Corp. gave their green light for the company’s planned $1.8-billion merger with Equinox Gold Corp. (NYSEAmerican:EQX).

Under the transaction, Equinox Gold Corp. (NYSEAmerican:EQX) will acquire all of Calibre’s issued and outstanding shares.

Following the approval, Calibre will now seek a final order from the Supreme Court of British Columbia to approve the arrangement at a hearing expected to be held on Wednesday, May 6.