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: $7.08 to $7.08
• 50-Day Range: N/A
• 52-Week Range: $3.95 to $7.22
• Volume: 9,959 shs
• Average Volume: 7.39 million shs
• Market Capitalization: $3.23 billion
• P/E Ratio: 14.49
• Dividend Yield: N/A
• Price Target: $35.00
• Consensus Rating: Hold

Equinox Gold Stock Analysis - MarketRank™

Equinox Gold scored higher than 62% 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: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Equinox Gold has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Equinox Gold has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 203.57%

Earnings Growth

Earnings for Equinox Gold are expected to grow by 203.57% in the coming year, from $0.28 to $0.85 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Equinox Gold is 136.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of Equinox Gold is 136.00, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 92.82.

Price to Book Value per Share Ratio

Equinox Gold has a P/B Ratio of 0.93. 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

5.20% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Equinox Gold has recently decreased by 0.30%, indicating that investor sentiment is improving.

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

5.20% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Equinox Gold has recently decreased by 0.30%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.36

News Sentiment

Equinox Gold has a news sentiment score of 0.36. 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 lower news sentiment than the 0.56 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Equinox Gold this week, compared to 3 articles on an average week.

Search Interest

9 people have searched for EQX on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

5 people have added Equinox Gold to their MarketBeat watchlist in the last 30 days. This is an increase of 400% 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 $5.98 on January 1st, 2025. Since then, EQX shares have increased by 19.7% and is now trading at $7.16.
View the best growth stocks for 2025 here.

How were Equinox Gold's earnings last quarter?

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

Who are Equinox Gold's major shareholders?

Equinox Gold's top institutional shareholders include Van ECK Associates Corp (8.17%), Donald Smith & CO. Inc. (5.93%), Vanguard Group Inc. (3.03%) and Dimensional Fund Advisors LP (2.01%).

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.

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: 2/20/2025
• Next Earnings (Estimated): 5/06/2025
• Fiscal Year End: 12/31/2025

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

Price Target and Rating

• Average Stock Price Target: $35.00
• High Stock Price Target: $35.00
• Low Stock Price Target: $35.00
• Potential Upside/Downside: +388.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.49
• Trailing P/E Ratio: 14.61
• Forward P/E Ratio: 25.57
• 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: 3.00
• Cash Flow: $0.76 per share
• Price / Cash Flow: 9.36
• Book Value: $7.68 per share
• Price / Book: 0.93

Miscellaneous

• Outstanding Shares: 455,620,000
• Free Float: 417,580,000
• Market Cap: $3.26 billion
• Optionable: Not Optionable
• Beta: 1.33