The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
As of close of business last night, Equinox Gold Corp’s stock clocked out at $5.53, up 5.33% from its previous closing price of $5.25. In other words, the price has increased by $5.33 from its previous closing price. On the day, 8.71 million shares were traded. EQX stock price reached its highest trading level at $5.545 during the session, while it also had its lowest trading level at $5.23.
Ratios:
To gain a deeper understanding of EQX’s stock, we examine its different ratios. 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 1824678912 and an Enterprise Value of 2507639040. As of this moment, Equinox’s Price-to-Earnings (P/E) ratio for their current fiscal year is 63.42, and their Forward P/E ratio for the next fiscal year is 9.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 2.304 whereas that against EBITDA is 10.42.
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 5.69%, while the 200-Day Moving Average is calculated to be 13.97%.
Shares Statistics:
It appears that EQX traded 2.97M shares on average per day over the past three months and 6055990 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 56.52% stake in the company. Shares short for EQX as of 1713139200 were 14959373 with a Short Ratio of 5.04, compared to 1710460800 on 14282430.
