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Equinox Gold (TSE:EQX) Trading 5.8% Higher - Here's Why

Equinox Gold logo with Basic Materials background

Equinox Gold Corp. (TSE:EQX - Get Free Report) rose 5.8% during mid-day trading on Thursday . The company traded as high as C$7.71 and last traded at C$7.66. Approximately 495,564 shares changed hands during mid-day trading, a decline of 28% from the average daily volume of 690,494 shares. The stock had previously closed at C$7.24.

Equinox Gold Stock Down 1.7 %

The firm has a market capitalization of C$3.41 billion, a price-to-earnings ratio of 9.30 and a beta of 1.16. The company has a quick ratio of 1.31, a current ratio of 1.10 and a debt-to-equity ratio of 51.77. The company's 50 day moving average price is C$7.72 and its 200 day moving average price is C$7.71.

About Equinox Gold

(Get Free Report)

Equinox Gold Corp. engages in the exploration, acquisition, development, and operation of mineral properties in the Americas. It explores gold and silver deposits. It holds interest in properties in California located in the United States; Guerrero State located in Mexico; Maranhão, Bahia, and Mina Gerais state located in Brazil; and Ontario, Canada.

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