Equinox shares surge following record-breaking production year
The miner produced 213,906 ounces of gold in the fourth quarter and 621,870 ounces for the full year.
The all important U.S. jobs report is out on Friday, and Business Insider has gone out on a limb and predicts that the numbers will knock the doors off.
“Our projection is well above the consensus Street estimate, which calls for a 210,000 new jobs. If the model is accurate, this will be the best nonfarm payroll report in six years — the last time the economy expanded by more than 300,000 jobs was in February 2006,” writes Eric Platt.
The markets could use good news, which had a rough Tuesday. The TSX fell two percent, and gold took it on the chin on the same day, sliding to $1669.21/oz, matching January’s lows. Some reports suggest gold could slip below $1,600.
