NEW YORK, December 30, 2025, 13:01 ET — Regular session
- Equinox Gold shares rose about 2.2% as gold prices rebounded from Monday’s sharp selloff.
- Traders are watching Federal Reserve minutes due later Tuesday for signals on 2026 rate cuts.
- Company-specific news has been light since Equinox outlined its planned Brazil divestment earlier this month.
Equinox Gold Corp shares rose about 2.2% on Tuesday, trading around $14.30, as a rebound in gold prices lifted the sector. The stock traded between $14.18 and $14.58, with about 2.2 million shares changing hands.
The move matters because the gold market has turned choppy into year-end after a powerful run, and miners often magnify bullion swings. A small change in the gold price can quickly reshape expectations for miners’ cash flow.
Investors are also positioning around the Federal Reserve’s December meeting minutes, due later Tuesday, for clues on how quickly policymakers might cut rates next year. Lower rates tend to support gold because it does not pay interest, making it comparatively more attractive when yields fall.
Spot gold rose 0.9% to $4,369.59 an ounce by late morning in New York, after Monday’s drop from Friday’s record high of $4,549.71. “We saw very extreme volatility yesterday … but things have stabilised somewhat today,” said Peter Grant, vice president and senior metals strategist at Zaner Metals. Reuters
Other U.S.-listed gold names moved in tandem, with Newmont up about 2.5% and Kinross Gold gaining about 2.3%.
Equinox’s own news flow has been quiet in recent days, and its latest press release on its website is dated Dec. 14.
Equinox Gold, based in Canada, operates mines across the Americas and is anchored by the Greenstone mine in Ontario and the Valentine mine in Newfoundland and Labrador. It also operates other mines including Mesquite and operations in Nicaragua, according to Reuters company information.
On Dec. 14, Equinox said it agreed to sell its Brazil operations — including Aurizona, RDM and the Bahia complex — to a subsidiary of CMOC Group for total consideration of $1.015 billion, including $900 million in cash at closing and a contingent payment of up to $115 million. The company said closing is expected in the first quarter of 2026, subject to regulatory approvals, and that it expects to use proceeds to reduce debt and strengthen its balance sheet; it also said it anticipates 2026 production of 700,000 to 800,000 ounces after the transaction and will provide formal 2026 guidance in early 2026.
That backdrop has kept investors focused on execution and what Equinox’s cost and production profile looks like after the divestment. In the near term, however, the stock has been taking most of its cue from bullion and rate expectations.
