The closing price of Equinox Gold Corp (AMEX: EQX) was $4.10 for the day, down -2.84% from the previous closing price of $4.22. In other words, the price has decreased by -$0.1200 from its previous closing price. On the day, 1909184 shares were traded.
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 0.88 and its Current Ratio is at 1.74. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.33.
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 1.32B and an Enterprise Value of 1.98B. As of this moment, Equinox’s Price-to-Earnings (P/E) ratio for their current fiscal year is 47.02, and their Forward P/E ratio for the next fiscal year is 7.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.18 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at 1.82 whereas that against EBITDA is 6.80.
Stock Price History:
Over the past 52 weeks, EQX has reached a high of $5.84, while it has fallen to a 52-week low of $3.38. The 50-Day Moving Average of the stock is 4.5900, while the 200-Day Moving Average is calculated to be 4.7293.
Shares Statistics:
EQX traded an average of 2.10M shares per day over the past three months and 2.22M shares per day over the past ten days. A total of 318.01M shares are outstanding, with a floating share count of 285.64M. Insiders hold about 8.73% of the company’s shares, while institutions hold 56.70% stake in the company. Shares short for EQX as of Jan 31, 2024 were 12.2M with a Short Ratio of 5.80, compared to 12.59M on Dec 29, 2023.
Earnings Estimates
The firm’s stock currently is rated by 5 analysts. The consensus estimate for the next quarter is -$0.03, with high estimates of $0.05 and low estimates of -$0.11.
Analysts are recommending an EPS of between $0.49 and -$0.01 for the fiscal current year, implying an average EPS of $0.18. EPS for the following year is $0.56, with 8 analysts recommending between $1 and $0.13.
Revenue Estimates
A total of 8 analysts have provided revenue estimates for EQX’s current fiscal year. The highest revenue estimate was $1.54B, while the lowest revenue estimate was $1.33B, resulting in an average revenue estimate of $1.4B. In the same quarter a year ago, actual revenue was $1.09B, up 29.00% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $1.76B in the next fiscal year. The high estimate is $2.17B and the low estimate is $1.58B. The average revenue growth estimate for next year is up 25.40% from the average revenue estimate for this year.
