Equinox Gold (EQX) Stock Price, News & Analysis

Company Overview

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. The company was formerly known as Trek Mining Inc. and changed its name to Equinox Gold Corp. in December 2017. Equinox Gold Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: $5.05 to $5.15
• 50-Day Range: N/A
• 52-Week Range: $3.95 to $6.50
• Volume: 2.41 million shs
• Average Volume: 3.25 million shs
• Market Capitalization: $2.33 billion
• P/E Ratio: 10.45
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Buy

Equinox Gold Stock Analysis - MarketRank™

Equinox Gold scored higher than 53% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Equinox Gold.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 142.11%

Earnings Growth

Earnings for Equinox Gold are expected to grow by 142.11% in the coming year, from $0.38 to $0.92 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Equinox Gold is 10.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.77.

Price to Earnings Ratio vs. Sector

The P/E ratio of Equinox Gold is 10.45, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 109.33.

Price to Book Value per Share Ratio

Equinox Gold has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.00% of the float of Equinox Gold has been sold short.

Short Interest Ratio / Days to Cover

Equinox Gold has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Equinox Gold has recently increased by 1.18%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Equinox Gold does not currently pay a dividend.

Dividend Growth

Equinox Gold does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.00% of the float of Equinox Gold has been sold short.

Short Interest Ratio / Days to Cover

Equinox Gold has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Equinox Gold has recently increased by 1.18%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 1.00

News Sentiment

Equinox Gold has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Equinox Gold this week, compared to 3 articles on an average week.

Search Interest

Only 6 people have searched for EQX on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Equinox Gold to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Equinox Gold insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 8.35% of the stock of Equinox Gold is held by insiders.

Percentage Held by Institutions

Only 38.85% of the stock of Equinox Gold is held by institutions.

EQX Stock Analysis - Frequently Asked Questions

How have EQX shares performed this year?

Equinox Gold's stock was trading at $4.40 at the beginning of the year. Since then, EQX shares have increased by 16.4% and is now trading at $5.12.
View the best growth stocks for 2024 here.

How were Equinox Gold's earnings last quarter?

Equinox Gold Corp. (NYSEAMERICAN:EQX) released its earnings results on Wednesday, November, 6th. The company reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $0.10 by $0.01. The firm's revenue for the quarter was up 50.5% compared to the same quarter last year.

Who are Equinox Gold's major shareholders?

Top institutional shareholders of Equinox Gold include Van ECK Associates Corp (9.59%), Donald Smith & CO. Inc. (4.21%), Maple Rock Capital Partners Inc. (2.01%) and Euro Pacific Asset Management LLC (0.64%).

How do I buy shares of Equinox Gold?

Shares of EQX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Equinox Gold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Equinox Gold investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 11/06/2024
• Today: 12/27/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Basic Materials
• Industry: Gold & silver ores
• Sub-Industry: Precious Metals
• Current Symbol: NYSEAMERICAN:EQX
• CUSIP: N/A
• CIK: 1756607
• Web: www.equinoxgold.com
• Phone: (604) 558-0560
• Fax: N/A
• Employees: 3,692
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.49
• Trailing P/E Ratio: 10.45
• Forward P/E Ratio: 13.47
• P/E Growth: N/A
• Net Income: $28.88 million
• Net Margins: 19.83%
• Pretax Margin: 37.04%
• Return on Equity: 0.69%
• Return on Assets: 0.35%

Debt

• Debt-to-Equity Ratio: 0.37
• Current Ratio: 0.85
• Quick Ratio: 0.33

Sales & Book Value

• Annual Sales: $1.09 billion
• Price / Sales: 2.14
• Cash Flow: $0.60 per share
• Price / Cash Flow: 8.57
• Book Value: $7.68 per share
• Price / Book: 0.67

Miscellaneous

• Outstanding Shares: 455,230,000
• Free Float: 417,219,000
• Market Cap: $2.33 billion
• Optionable: Not Optionable
• Beta: 1.31