Equinox Gold is trading 4.5% down today at $9.32 amid ongoing market reaction to its planned all-stock merger with Orla Mining.
- The company has filed and mailed materials for a July 22 shareholder meeting to approve the share issuance required for the combination, which aims to create a large North American gold producer.
- Investors remain focused on potential share dilution and integration risks, even as proxy advisory firms like ISS recommend that shareholders vote in favor of the deal.