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.
The closing price of Equinox Gold Corp (AMEX: EQX) was $5.72 for the day, up 0.88% from the previous closing price of $5.67. In other words, the price has increased by $0.88 from its previous closing price. On the day, 2.58 million shares were traded. EQX stock price reached its highest trading level at $5.8 during the session, while it also had its lowest trading level at $5.54.
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 1885740928 and an Enterprise Value of 2552943616. As of this moment, Equinox’s Price-to-Earnings (P/E) ratio for their current fiscal year is 65.60, and their Forward P/E ratio for the next fiscal year is 9.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.70 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 2.346 whereas that against EBITDA is 10.609.
Stock Price History:
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 10.66%, while the 200-Day Moving Average is calculated to be 18.10%.
Shares Statistics:
EQX traded an average of 2.44M shares per day over the past three months and 2553800 shares per day over the past ten days. A total of 318.01M shares are outstanding, with a floating share count of 296.53M. Insiders hold about 8.37% of the company’s shares, while institutions hold 56.48% stake in the company. Shares short for EQX as of 1711584000 were 13241962 with a Short Ratio of 5.43, compared to 1709164800 on 14729066.
