As the world becomes increasingly uncertain, Equinox Gold Corp. (EQX) offers stability

The closing price of Equinox Gold Corp. (AMEX: EQX) was $4.15 for the day, up 0.48% from the previous closing price of $4.13. In other words, the price has increased by $+0.0200 from its previous closing price. On the day, 2225474 shares were traded. EQX stock price reached its highest trading level at $4.1700 during the session, while it also had its lowest trading level at $4.0200.

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Ratios:

Our analysis of EQX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 2.40. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.36.

Upgrades & Downgrades

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 1.33 while its Price-to-Book (P/B) ratio in mrq is 0.39.

Stock Price History:

Over the past 52 weeks, EQX has reached a high of $9.07, while it has fallen to a 52-week low of $2.35. The 50-Day Moving Average of the stock is 4.0186, while the 200-Day Moving Average is calculated to be 3.9722.

Shares Statistics:

EQX traded an average of 2.20M shares per day over the past three months and 2.29M shares per day over the past ten days. A total of 305.20M shares are outstanding, with a floating share count of 280.59M. Insiders hold about 9.00% of the company’s shares, while institutions hold 47.69% stake in the company. Shares short for EQX as of Jan 30, 2023 were 10.26M with a Short Ratio of 10.24M, compared to 11.57M on Dec 29, 2022.

Earnings Estimates

The firm’s stock currently is rated by 0 analysts. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between -$0.38 and -$0.38 for the fiscal current year, implying an average EPS of -$0.38. EPS for the following year is -$0.17, with 1 analysts recommending between -$0.17 and -$0.17.

Revenue Estimates

A total of 1 analysts have provided revenue estimates for EQX’s current fiscal year. The highest revenue estimate was $956M, while the lowest revenue estimate was $956M, resulting in an average revenue estimate of $956M. In the same quarter a year ago, actual revenue was $1.08B, down -11.70% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $1.08B in the next fiscal year. The high estimate is $1.08B and the low estimate is $1.08B. The average revenue growth estimate for next year is up 13.50% from the average revenue estimate for this year.