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Equinox Gold volume surges 20x on Toronto exchange following M&A announcement
- Equinox Gold Corp experienced an extraordinary trading volume spike on the Toronto Stock Exchange.
- Trading volume reached 65.26 million shares, representing a 20.5-fold increase over its 20-day average of 3.19 million.
- The volume surge follows the company's May 13 announcement of a definitive merger agreement with Orla Mining.
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Conclusion
EQX.TO volume was 65.26M on May 29 vs 20-day average of 3.19M (ratio of 20.47x) in @yahoo.finance.daily_prices and @yahoo.finance.tickers_metadata. Closed at C$18.80, up 8.29% day return. On May 13, 2026, Equinox Gold announced a definitive arrangement agreement to acquire Orla Mining in an all-stock combination valued at approximately US$18.5 billion, creating a combined entity with ~1.1 million ounces of expected annual gold production.