Equinox Gold Corp’s Market Journey: Closing Weak at 5.86, Down -2.33

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The closing price of Equinox Gold Corp (AMEX: EQX) was $5.86 for the day, down -2.33% from the previous closing price of $6.00. In other words, the price has decreased by -$2.33 from its previous closing price. On the day, 4.14 million shares were traded. EQX stock price reached its highest trading level at $6.02 during the session, while it also had its lowest trading level at $5.79.

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 0.33 and its Current Ratio is at 0.85. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.37.

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 2732254464 and an Enterprise Value of 4196836608. As of this moment, Equinox’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.14, and their Forward P/E ratio for the next fiscal year is 5.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.16 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 3.393 whereas that against EBITDA is 13.867.

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 2.97%, while the 200-Day Moving Average is calculated to be 6.18%.

Shares Statistics:

EQX traded an average of 3.99M shares per day over the past three months and 3427690 shares per day over the past ten days. A total of 428.65M shares are outstanding, with a floating share count of 380.83M. Insiders hold about 16.37% of the company’s shares, while institutions hold 49.63% stake in the company. Shares short for EQX as of 1731628800 were 14974510 with a Short Ratio of 3.89, compared to 1728950400 on 11715154.

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