Analytical Lens: Exploring Equinox Gold Corp (EQX)’s Financial Story Through Ratios

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The closing price of Equinox Gold Corp (AMEX: EQX) was $5.94 for the day, down -0.83% from the previous closing price of $5.99. In other words, the price has decreased by -$0.83 from its previous closing price. On the day, 1.64 million shares were traded. EQX stock price reached its highest trading level at $6.055 during the session, while it also had its lowest trading level at $5.89.

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 0.49 and its Current Ratio is at 1.17. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.27.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EQX now has a Market Capitalization of 2295192320 and an Enterprise Value of 3096622592. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.10 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 2.827 whereas that against EBITDA is 13.309.

Stock Price History:

The Beta on a monthly basis for EQX is 1.27, which has changed by 0.10925925 over the last 52 weeks, in comparison to a change of 0.23279357 over the same period for the S&P500. Over the past 52 weeks, EQX has reached a high of $6.50, while it has fallen to a 52-week low of $3.95. The 50-Day Moving Average of the stock is 9.09%, while the 200-Day Moving Average is calculated to be 18.75%.

Shares Statistics:

EQX traded an average of 3.44M shares per day over the past three months and 2323140 shares per day over the past ten days. A total of 386.40M shares are outstanding, with a floating share count of 358.22M. Insiders hold about 7.29% of the company’s shares, while institutions hold 49.37% stake in the company. Shares short for EQX as of 1719532800 were 12442958 with a Short Ratio of 3.62, compared to 1717113600 on 9632902.

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