Equinox Gold shares see biggest intraday gain since November

Investing.com -- Equinox Gold (NYSE:EQX ) Corporation's shares witnessed an intraday gain of up to 8.6% on Wednesday, marking its highest such increase since November.

The surge came after the gold mining company on Tuesday declared its decision to extend the life of its Fazenda Mine by an additional seven years.

The company has been conducting concentrated exploration at the Fazenda Mine for the past three years.

"Results from focused exploration at Fazenda over the last three years have exceeded our expectations, delivering significant mine life extension and resource growth net of mining depletion," the company said in a statement.

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Source: Investing.com