Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, Equinox Gold Corp (AMEX: EQX) closed at $6.67 down -0.60% from its previous closing price of $6.71. In other words, the price has decreased by $-0.60 from its previous closing price. On the day, 6.52 million shares were traded. EQX stock price reached its highest trading level at $6.6956 during the session, while it also had its lowest trading level at $6.55.
Ratios:
For a deeper understanding of Equinox Gold Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.37.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on February 04, 2025, initiated with a Hold rating and assigned the stock a target price of $35.
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 3084154624 and an Enterprise Value of 4326527488. As of this moment, Equinox’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.54, and their Forward P/E ratio for the next fiscal year is 4.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.01 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 2.857 whereas that against EBITDA is 9.837.
Stock Price History:
The Beta on a monthly basis for EQX is 1.21, which has changed by 0.23290205 over the last 52 weeks, in comparison to a change of 0.097913146 over the same period for the S&P500. Over the past 52 weeks, EQX has reached a high of $7.45, while it has fallen to a 52-week low of $4.48. The 50-Day Moving Average of the stock is -0.29%, while the 200-Day Moving Average is calculated to be 12.09%.
Shares Statistics:
For the past three months, EQX has traded an average of 10.82M shares per day and 11050450 over the past ten days. A total of 455.23M shares are outstanding, with a floating share count of 385.70M. Insiders hold about 15.43% of the company’s shares, while institutions hold 55.08% stake in the company. Shares short for EQX as of 1744675200 were 22580548 with a Short Ratio of 2.06, compared to 1741910400 on 24620355.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The performance of Equinox Gold Corp (EQX) in the stock market is under the watchful eye of 6.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.2, with high estimates of $0.26 and low estimates of $0.14.
Analysts are recommending an EPS of between $1.22 and $0.87 for the fiscal current year, implying an average EPS of $1.05. EPS for the following year is $1.57, with 5.0 analysts recommending between $2.12 and $0.89.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $404M this quarter.It ranges from a high estimate of $404M to a low estimate of $404M. As of the current estimate, Equinox Gold Corp’s year-ago sales were $241.3M
A total of 3 analysts have provided revenue estimates for EQX’s current fiscal year. The highest revenue estimate was $2.24B, while the lowest revenue estimate was $2.09B, resulting in an average revenue estimate of $2.14B. In the same quarter a year ago, actual revenue was $1.51BBased on 2 analysts’ estimates, the company’s revenue will be $2.72B in the next fiscal year. The high estimate is $3.09B and the low estimate is $2.36B.
