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Equinox Gold Corp. (NYSEAMERICAN:EQX) is one of the

10 Best Canadian Stocks to Buy for Long Term.

Equinox Gold Corp. (NYSEAMERICAN:EQX) is one of the best Canadian stocks to buy for long term. On March 30, Equinox Gold released updated technical reports for its Canadian operations, projecting a combined average annual output of ~540,000 ounces of gold over the next decade. This growth is anchored by the Greenstone Mine in Ontario and the Valentine Mine in Newfoundland & Labrador, which together hold 8.1 million ounces in Proven and Probable Mineral Reserves.

As of year-end 2025, the company’s total portfolio-wide Mineral Reserves stand at 19 million ounces, supported by a robust 2026 exploration budget of $70 to $80 million aimed at further resource expansion and life-of-mine extensions. At the Greenstone Mine, the immediate priority is sustaining a nameplate milling capacity of 27,000 tonnes per day, which is expected to yield 320,000 ounces of gold annually through 2036.

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Management has identified significant upside potential by optimizing throughput toward 30,000 tonnes per day and integrating higher-grade underground resources (currently totaling 1.6 million ounces in Measured and Indicated categories) into future mine plans. Additionally, the vast 400 km² property hosts three past-producing mines with high-grade historical output that have not yet undergone modern exploration, offering a clear pathway for satellite deposit development.

Equinox Gold Corp. (NYSEAMERICAN:EQX) is involved in the exploration, operation, acquisition, and development of mineral properties in the Americas. It mainly explores silver and gold deposits. The company was founded in 2007 and is based in Vancouver, Canada.

While we acknowledge the potential of EQX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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